India's Thangamayil Jewellery jumps after Q3 profit doubles

Thangamayil Jewellery

01/02/2024 08:33

** Thangamayil Jewellery  THNG.N  jumps 9.6% rupees, its
biggest intraday pct gain since Aug 2023, after Q3 results
    ** Gold ornaments maker and retailer says profit doubled,
while sales rose 20.3%, with gold jewellery sales up 25% 
    ** THNG trims gains to trade 4.3% higher, on track to rise
for third straight session
    ** Still, THNG is down 6% YTD, after a 172.5% surge in 2023

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))