Risk factor
Resilient to price shocks
Profitability factor
Strong growth
About
Operating a chain of jewelry retail establishments across India, Thangamayil Jewellery Limited specializes in a broad array of precious items. Their collection features exquisite pieces crafted from gold, diamonds, silver, and platinum, alongside various silver artifacts and gold coinage. Beyond its retail presence, the company actively engages in the fabrication and distribution of jewelry, accessories, and related merchandise. As of March 31, 2022, the enterprise managed 52 showrooms and a dedicated manufacturing and assembly facility, all situated within the state of Tamil Nadu. Shoppers can access their extensive offerings not only in physical stores but also via their online platform. This company, with its corporate base in Madurai, India, was originally established in 1947.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued
Target Price
The average target price of THANGAMAYL.NS is 5092 and suggests 7.26% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral reco