Monday, 03 August 2026 · World
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EUROS The World Financial Report
Nº 23 Monday, 03 August 2026 · World Edition
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Thangamayil Jewellery shares crash 32% in a week. What should investors do?

Markets-Economic Times · 1h ago · 🇮🇳 India
Thangamayil Jewellery shares crash 32% in a week. What should investors do?

Thangamayil Jewellery shares fell 5%, extending their one-week decline to 32%, after the company said it saw no visible improvement in sales during the first 28 days of Q2 FY27. The jeweller attributed the weakness to higher import duty, rupee depreciation, geopolitical uncertainty and continued customer reluctance amid expectations of lower gold prices.

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