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Thangamayil Jewellery Ltd – Opening Of 33rd Branch – Batlagundu – Dindigul District – Tamilnadu

Thangamayil Jewellery Ltd – Opening Of 33rd Branch – Batlagundu – Dindigul District – Tamilnadu Thangamayil Jewellery, a leading public listed company in India, expands its retail presence in Tamilnadu with the opening ceremony of its new sales outlet at Batlagundu, Dindidul district underway on Oct 19, 2018. This store is its 33rd in India. …

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The 14-Day ADX For Thangamayil Jewellery Ltd Suggests A Strong Trend

The 14-Day ADX For Thangamayil Jewellery Ltd Suggests A Strong Trend Kentwood Post, an independent finance and global news site, infers the 14-day ADX for Thangamayil Jewellery Ltd (THANGAMAYL.BO) is 36.01. Many technical chart analysts believe that an ADX value over 25 would suggest a strong trend. A reading under 20 would indicate no trend, …

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Spurt In Revenue And Operating Profits Of Thangamayil Jewellery

Spurt In Revenue And Operating Profits Of Thangamayil Jewellery Over the past two quarters, Thangamayil reported a sudden hike in revenue and operating profits. Revenue jumped 50% quarter-on-quarter (q-o-q) to Rs.434.39 crore and operating profit 44% to Rs20.34 crore q-o-q in the quarter ended June 2018. This follows a 57% q-o-q jump in revenues and …

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Thangamayil Finds A Place In The Elite Top 3 Jewellery Shops In Madurai

Thangamayil Finds A Place In The Elite Top 3 Jewellery Shops In Madurai Thangamayil Jewellery Limited(Anna Nagar store) was adjudged to be one among the Top 3 jewellery shops in Madurai by ‘Three Best Rated’, a fast growing famous website, which handpicks three best local businesses in each city after a thorough 50-point inspection including …

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Impressive Feat Of Thangamayil Jewellery: ROE Of 14.00%

Impressive Feat Of Thangamayil Jewellery: ROE Of 14.00% Thangamayil Jewellery Limited (NSE:THANGAMAYL) delivered an ROE of 14.00% over the past 12 months, which is an impressive feat relative to its industry average of 10.62% during the same period. Reference: 1. Simply Wall Street analysis dated Aug. 22, 2018.

Thangamayil Is Poised To Drive Up Return Ratios Significantly Over The Next Few Years

Thangamayil Is Poised To Drive Up Return Ratios Significantly Over The Next Few Years Thangamayil (TJL) is one of the leading tier-2 and 3 town-focused jewellers in Tamil Nadu. The past decade has been a roller coaster ride for TJL as it went from nearly doubling revenue/tripling profits every alternate year over FY08-13 to being …

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Buy Thangamayil; Target Of Rs 625: HDFC Securities

Buy Thangamayil; Target Of Rs 625: HDFC Securities HDFC Securities’ research report on Thangamayil Gold jewellery/Silver product volumes declined 9/2% YoY respectively. Despite the top-line disappointment, TJL managed to more than salvage margins led by better product mix. Gross/EBITDA margins expanded 110bp each to 9.7/5.7%. EBITDA/APAT grew by 11/8% (in-line). Reference: 1. Money Control news dated Aug …

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