Thangamayil Jewellery's Stock Performance Sees Dip, Remains a Key Player in Industry

Thangamayil Jewellery, a leading player in the diamond and gold jewellery industry, has recently seen a dip in its stock performance. On November 13, 2024, the company's stock lost -5.09%, underperforming the sector by -5.01%. The stock touched an intraday low of Rs 1893.8, a decrease of -5.07%.

According to MarketsMOJO, a leading stock analysis platform, the current stock call for Thangamayil Jewellery is 'Hold'. This suggests that investors should hold onto their current positions in the company's stock.

In terms of moving averages, Thangamayil Jewellery's stock is currently higher than its 200 day moving average, but lower than its 5 day, 20 day, 50 day, and 100 day moving averages. This indicates a mixed trend in the company's stock performance.

On a broader scale, Thangamayil Jewellery's stock performance has been weaker compared to the overall market. In the past 1 day, the company's stock has underperformed the Sensex by -5.09% and in the past 1 month, it has underperformed by -25.46%.

Despite the recent dip in stock performance, Thangamayil Jewellery remains a midcap company in the diamond and gold jewellery industry. With its strong presence in the market and consistent growth over the years, the company continues to be a key player in the industry. Investors are advised to keep a close eye on the company's stock performance and make informed decisions based on their own research and analysis.