India's Thangamayil Jewellery down after Q1 profit dip

Thangamayil Jewellery

25/07/2024 08:41

** Shares of Thangamayil Jewellery  THNG.NS  down 3.6% to
1876 rupees, its biggest one-day loss since June 4, after Q1
results
    ** A 30% jump in the gold ornaments maker's expenses pushed
its Q1 profit down 3.5%, even as sales rose 27% 
    ** Shares see 3-rd busiest day in 2 weeks, with over 111,000
shares traded
    ** Stock up 25% YTD, after a 172% surge in 2023

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))