Synopsis:

Thangamayil Jewellery and D.P. Abhushan reported strong Q2 results with sharp profit turnaround and robust sequential performance. Both stocks surged sharply, reflecting renewed investor confidence in regional jewellery demand.

Two regional jewellery retail companies delivered very strong Q2 results and have now come back sharply on radar due to extremely strong sequential improvement and major YoY turnaround in profitability. Both operate heavily in traditional gold driven consumption markets in India where festive plus wedding demand cycles are structurally very deep.

Thangamayil Jewellery Ltd is a South India-based jewellery retail chain primarily focused on gold, silver, diamond and platinum jewellery with strong presence across Tamil Nadu. The company operates a multi

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