Thangamayil Jewellery: Vanakkam Chennai! Maintain BUY
We believe Thangamayil Jewellery, a leading jewellery player in Tamil Nadu, is set to achieve 28%, 34%, and 40% revenue, EBITDA, and PAT CAGR,...
411 Views
Thangamayil Jewellery (3QFY25): Chennai Store Pre-Op Expenses Dent Profitability. Maintain BUY
TJL’s 3QFY25 performance was weaker than expectations, owing to an adverse sales mix (studied jewellery revenue stood at 8.25% of sales, compared...
397 Views
Curator's Cut: Singapore Unlocks Value, India’s Jewellery Caution & Taiwan's Top ETF's Rebalance
We review how value is being unlocked in Singapore, why Indian jewellery retail merits due diligence, and Taiwan's largest ETF's impact on flows
687 Views
The Beat Ideas: Kalyan Jewellers- Scaling New Heights with an Asset-Light Strategy
Kalyan is expanding non-South presence with FOCO model, higher margin jewelry mix, improving return ratios and profitability, urging investors to...
333 Views
Bluestone Jewellery IPO Trading - Tepid Demand
Bluestone Jewellery and Lifestyle Ltd (BJL) raised around US$176m in its India IPO. In this note, we talk about the trading dynamics.
370 Views