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CRISIL Research revises Thangamayil Jewellery’s fundamental grade to 3/5

25 Sep 2012 Evaluate

Rating agency, CRISIL Research has revised Thangamayil Jewellery’s IER fundamental grade to 3/5 from 2/5. The grade indicates that the company’s fundamentals are ‘good’ relative to other listed equity securities in India. The rating agency has also assigned a valuation grade of 3/5 to the company. The main reasons for the upward revision in the fundamental grade are the company’s successful opening of new stores and their healthy performance.

Earlier on September 12, 2012, the company opened its 22nd branch admeasuring 1,370 square feet located at Ottanchathiram in Dindigul district

Thangamayil Jewellery is one of the leading jewellery retailers in Madurai and trades in Gold Jewellery, Diamond and Platinum jewels. It has introduced the Hallmarking practice for the first time in Madurai.

Thangamayil Jeweller Share Price

4205.90 -72.00 (-1.68%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4526.30
Kalyan Jewell.India 426.90
Rajesh Exports 125.34
Senco Gold 326.45
Thangamayil Jeweller 4205.90
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