Shares of Thangamayil Jewellery dipped another 5% to a lower circuit of Rs 4,723 on the BSE on Tuesday even as the company announced sales of Rs 344 crore in just the first three days of August amid Aadi Perukku, an auspicious festival in Tamil Nadu. With Tuesday’s decline, the stock is down 35% in six sessions.
In a regulatory filing on Monday, the jewellery retailer said it recorded sales revenue of Rs 344.16 crore during the August 1 to August 3, 2026 period, compared with Rs 156.75 crore in the corresponding period last year. This translates into a 119.55% year on year growth in sales over the three day period.
