GENERAL22 Sept 2026
BoB Capital upgrades this jewellery stock with buy rating | Check target, rationale, upside, returns | Stock Market News
BoB Capital Markets has upgraded Thangamayil Jewellery from 'hold' to 'buy', setting a target price of ₹6,355 a share, hinting at up to 28% upside. The call follows a strong June 2026 quarter, where net profit rose 86% to ₹85 crore. This matters if you hold or track the stock. Check your own goals before acting on it.
Key Statutory Highlights
- BoB Capital Markets upgraded Thangamayil Jewellery from 'hold' to 'buy' with a target price of ₹6,355 per share.
- Thangamayil Jewellery's net profit for the quarter ended June 2026 rose 86% year-on-year to ₹85 crore.
- Revenue from operations jumped 71.2% year-on-year to ₹2,666.4 crore in the quarter ended June 2026.
Actionable Advice for Taxpayers / Founders:If you hold or track this jewellery stock, treat the brokerage upgrade as one input rather than a promise, and review your own risk, time horizon and goals before buying or selling.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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