RBI Order Will Lead To Improved Bottomline: Thangamayil JMD

Shares of two jewellery retailers hit the upper circuit and were frozen on the NSE, indicating the investor enthusiasm the RBI order had generated towards these counters after many of which were badly mauled following steps to curb gold consumption.

Madurai-based Thangamayil Jewellery Ltd rallied by 19.98 per cent or Rs. 26.20 to Rs. 157.35

Reference:
The Hindu Business Line dated May 22, 2014.