Thangamayil Jewellery Ltd Clarifies Stock Price Movement Attributing Rise to Market Forces

Thangamayil Jewellery Ltd Clarifies Stock Price Movement Attributing Rise to Market Forces

Thangamayil Jewellery Ltd Clarifies Stock Price Movement Attributing Rise to Market Forces​

Thangamayil Jewellery Limited has issued a clarification regarding the recent movement of its share price. The company addressed inquiries related to its stock performance, affirming that it holds no undisclosed material or price sensitive information that could relate to any increase in its shares' value.

The company stated that all necessary disclosures relating to the operations and performance of Thangamayil Jewellery Ltd have been made. Following this assurance, the management confirmed that the rise in the scrip of the company is market driven, and there is no internal information available that connects to the stock price appreciation.

THANGAMAYL Stock Price Movement​

Thangamayil Jewellery Limited shares surged today, closing at ₹5520.6 after gaining 14.29% in a strong session. The stock reached near its 52-week peak high of ₹5649, with traders exchanging 1.26 million shares in the market.
 

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