THANGAMAYIL JEWELLERY LTD Share Price

NSE

Company Profile


Thangamayil Jewellery Limited (TMJL), is one of the fastest-growing companies in India, positioned in the market as a chain of retail jewelry stores across several districts in Tamil Nadu, a state that is said to have the largest share (40%) of India's total gold consumption (WGC). The company primarily deals with four product lines, i.e., gold, silver, diamonds, and platinum; the sale of gold being a predominant source of its income. As a part of the jewelry retail trade, the majority of ornaments are bought from various dealers in the states of Andhra Pradesh, Gujarat, Kerala, West Bengal, etc., to be sold through its chain of stores. It has also established four manufacturing units that employ in-house goldsmiths to craft designer jewelry, which is in vogue with the current trends in the marketplace.

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