Thangamayil Jewellery's Stock Reaches All-Time High, Outperforms Sensex by 130.68%

Thangamayil Jewellery, a leading player in the jewellery industry, has reached a new milestone as its stock price touched an all-time high on June 29, 2024. This smallcap company has been gaining traction in the market and has caught the attention of investors and analysts alike.

According to MarketsMOJO, a leading stock market analysis platform, Thangamayil Jewellery's stock is a 'Buy' call. The company's stock opened with a gain of 2.02% today and touched an intraday high of Rs 1776.3, which is also its new 52-week high. However, the stock underperformed the sector by -1.77% today.

Thangamayil Jewellery's stock has been consistently performing well, trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend and strong market sentiment towards the company.

In the past year, Thangamayil Jewellery's stock has outperformed the Sensex by a significant margin, with a 130.68% growth compared to Sensex's 23.65% performance. This showcases the company's strong financials and growth potential.

Thangamayil Jewellery has established itself as a trusted brand in the jewellery industry, offering a wide range of high-quality products to its customers. With its consistent growth and positive market sentiment, the company is poised for a bright future in the industry.