THANGAMAYL

March 7 (Reuters) - Thangamayil Jewellery Ltd THNG.NS:

• APPROVES RIGHTS ISSUE PRICE OF 1,400 RUPEES

Source text: ID:nNSE7bSW5z

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** India's Thangamayil Jewellery THNG.NS rises 20%, the exchange-allowed maximum, to 1,863.05 rupees

** Stock on track for biggest one-day pct gain since June 2024, snaps seven-session losing streak

** Co sees opening day sales of 161 million rupees ($1.85 million) in its new Chennai store

** THNG did not have a material presence in Chennai before, a high potential market, which makes up 40%-45% of Tamil Nadu state's jewellery sales - HDFC Securities

** Brokerage expects THNG to adopt a "cluster strategy" and launch another 10-15 stores in Chennai and nearby areas over the next 12-18 months, getting the most bang for its buck

** With session's rise, stock extends 12-month gain to 44.5%

($1 = 87.1550 Indian rupees)

(Reporting by Ananta Agarwal in Bengaluru)

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** Thangamayil Jewellery THNG.NS climbs more than ~12% to 2,097 rupees; set for biggest intraday pct gain since June 21, 2024

** Co's Q3 profit jumps 72% y/y; net sales up 26%

** Around 333,000 shares traded vs 30-day avg of 26,000

** THNG rises 6% YTD

(Reporting by Hritam Mukherjee in Bengaluru)

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** Shares of Thangamayil Jewellery THNG.NS fall 5% to 2,138 rupees, eyes worst day in 2 months

** The jeweller posted a Q2 loss of 174.4 mln rupees ($2.1 mln) vs a profit of 83.9 mln rupees an year ago

** Co hurt by surge in expenses, which outpaced sales growth

** More than 160,000 shares trade hands, 1.8x its 30-day avg

** Stock up 53% so far this year

($1 = 84.2475 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

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Sept 23 (Reuters) - Thangamayil Jewellery Ltd THNG.NS:

• TO CONSIDER RAISING OF FUNDS

Source text for Eikon: ID:nBSE11QLsy

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July 25 (Reuters) - Thangamayil Jewellery Ltd THNG.NS:

• THANGAMAYIL JEWELLERY LTD JUNE-QUARTER PROFIT 565.6 MILLION RUPEES

• THANGAMAYIL JEWELLERY LTD JUNE-QUARTER TOTAL INCOME FROM OPERATIONS 12.22 BILLION RUPEES

Source text for Eikon: ID:nNSE9ZH89b

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May 20 (Reuters) - Thangamayil Jewellery Ltd THNG.NS:

• MARCH-QUARTER PROFIT 282.4 MILLION RUPEES VERSUS PROFIT 310.3 MILLION RUPEES

• MARCH-QUARTER NET SALES 9.81 BILLION RUPEES VERSUS 7.7 BILLION RUPEES

• THANGAMAYIL JEWELLERY FINAL DIVIDEND OF 6 RUPEES/SHR

Source text for Eikon: ID:nBSE6pc3vL

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May 13 (Reuters) - Thangamayil Jewellery Ltd THNG.NS:

• REGISTERED A 45% Y-O-Y GROWTH IN AKSHAYA TRITIYA SALES IN MAY 2024

Source text for Eikon: ID:nBSEbt6V5F

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** Shares of Radhika Jeweltech RDHI.NS rise as much as 15.6% to hit a record high of 70.85 rupees

** Jewellery retailer reports 44.3% Y/Y rise in Q3 net profit, rev from ops up 85%

** Trading vol 1.4x the 30-day daily avg

** Stock rose 20.2% in the December quarter after a 4.9% fall in the September quarter

** Peers Goldiam International GOLI.NS and Thangamayil Jewellery THNG.NS rose 34.7% and 20.5%, respectively, in the December quarter

(Reporting by Ashish Chandra in Bengaluru)

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Feb 1 (Reuters) - Thangamayil Jewellery Ltd THNG.NS:

• DIVIDEND 4 RUPEES PER SHARE

• DEC-QUARTER PROFIT 280 MILLION RUPEES VERSUS 137.7 MILLION RUPEES

• DEC-QUARTER TOTAL INCOME FROM OPERATIONS 8.96 BILLION RUPEES VERSUS 7.45 BILLION RUPEES

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** Shares of Thangamayil Jewellery THNG.NS fall as much as 10% to 1,287.50 rupees, sharpest intraday pct loss since Oct. 17, 2022

** THNG reported 47% Y/Y fall in Q2 profit while net sales rose 22% Y/Y

** Total expenses rose nearly 24%, led by rise in cost of raw materials

** Stock on track to snapping three sessions of gain, if losses hold

** Stock is witnessing its most active trading session since Aug. 2, with more than 154,000 shares changing hands by 2:07 p.m. IST, 4.1x 30-day avg

** Stock up 136.3% YTD

(Reporting by Ashish Chandra in Bengaluru)

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** Shares of Indian jewellers Kalyan Jewellers KALN.NS, Vaibhav Global VAIB.NS, Thangamayil Jewellery THNG.NS, Goldiam International GOLI.NS, Tribhovandas Bhimji Zaveri TBZL.NS, PC Jeweller PCJE.NS and Senco Gold SENC.NS rise between 1%-6%

** Jewellers like Kalyan, Titan TITN.NS have reported strong sales in Q2, while gold demand has risen amid conflict in the Middle East

** ICICI Securities expects jewellery segment to outperform other consumer discretionary segments in medium term, as it is relatively immune to general slowdown in consumer discretionary spends

** Brokerage sees Kalyan potentially outperforming Titan in FY24 revenues

** ICICI says KALN benefits from faster retail expansion; expects co to exceed its guidance of store expansion in FY24

(Reporting by Aleef Jahan and Sethuraman NR in Bengaluru)

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** Shares of Thanga Mayil Jewellery THNG.NS surges 20%, hitting a record high of 1,034.5 rupees

** Stock posts biggest intraday pct gain since Sept. 25, 2020

** Co reported an over-three-fold surge YoY in Q1 profit; net sales up 16.1% and retail sales rise 27%

** Over 505,000 shares change hands as of 2:04 p.m. IST, 10.9X the 30-day moving average

** As of last close, stock up 57.5% YTD

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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May 22 (Reuters) - Thanga Mayil Jewellery Ltd THNG.NS:

• RECOMMENDED FINAL DIVIDEND RUPEES 6 PER SHARE

• MARCH-QUARTER PROFIT 310.3 MILLION RUPEES VERSUS PROFIT 79.8 MILLION RUPEES

• RECOMMENDED ISSUE OF BONUS SHARES AT THE RATIO OF 1:1

• MARCH-QUARTER NET SALES 7.70 BILLION RUPEES VERSUS 6.09 BILLION RUPEES

Source text for Eikon: ID:nBSE2BFstK

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