04 Aug 2026
Thangamayil Jewellery reported 344.16 crore rupees of sales over the three days of Aadi Perukku, against 156.75 crore rupees in the same period last year, a rise of 119.55 percent.
Gold prices are up roughly 45 percent year on year, so a 120 percent jump in revenue means the quantity sold rose as well and this is not simply a price effect. Aadi Perukku is a Tamil Nadu festival and the company's stores are concentrated in the state's southern districts, which makes this a narrow regional read rather than a national demand signal. It is also a voluntary three-day disclosure, so it cannot be annualised or treated as a quarter.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.