Thangamayil Jewellery shares crash 19% in 2 days on weak Q2 outlook. What did the company say?

Thangamayil Jewellery shares hit the lower circuit, extending losses to 19% in two sessions after the company warned of a weak Q2 FY27. The jeweller said sales showed no visible improvement in the first 28 days of the quarter due to geopolitical uncertainty and customers delaying purchases amid expectations of lower gold prices.

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