Thangamayil Jewellery shares fell significantly despite robust August sales figures. The company reported strong sales during the auspicious Aadi Perukku festival. However, weak guidance and market uncertainties impacted investor sentiment negatively. Customers postponed purchases due to gold price expectations and geopolitical concerns. The company anticipates demand recovery in the latter half of the fiscal year.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap