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Thangamayil Jewellery Share Price Target 2024, 2025, 2026 to 2039 With Charts

Thangamayil Jewellery Limited

Company LogoSymbol: THANGAMAYL
Price: ₹1,883.55
Exchange: NSE
Consumer Cyclical -> Luxury Goods
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Thangamayil Jewellery Brief Company Overview

Thangamayil Jewellery Limited: A Legacy of Excellence in Jewelry Crafting

Established in 1947, Thangamayil Jewellery Limited is a renowned jeweler in India, operating a chain of retail stores across the nation.

Diverse Product Portfolio

  • Gold, diamond, silver, and platinum jewelry
  • Silver articles
  • Gold coins
  • Jewelry accessories and products

Reputation and Commitment

Thangamayil Jewellery has earned a reputation for its exquisite craftsmanship and unwavering commitment to quality. The company's dedication to customer satisfaction and trust-building has made it a trusted jeweler in the industry.

Based in Madurai, India, Thangamayil Jewellery Limited continues to expand its market presence, offering a diverse range of high-quality jewelry and exceptional customer service.


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Thangamayil Jewellery Financial Performance

MetricValueDescription
Market Capital3,419.33 CroreMarket valuation of Thangamayil Jewellery's shares.
Revenue (TTM)3,615.34 CroreTotal revenue generated by Thangamayil Jewellery over the past twelve months.
Net Income (TTM)+126.04 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin6.48%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin3.48%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+20.3%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+103.3%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
117.68Company's total debt divided by total shareholder equity.
Total Debt526.59 CroreSum of Thangamayil Jewellery's current & long-term financial obligations.
Total Cash74.94 CroreTotal amount of liquid funds available to Thangamayil Jewellery.
Beta1.05Beta is greater than 1 indicating that the Thangamayil Jewellery's price is more volatile than the market.

Is Thangamayil Jewellery A Good Buy For Long Term?

Based on the provided data, Thangamayil Jewellery has shown steady growth in revenue and earnings. However, with a high debt-to-equity ratio and negative returns in recent quarters, it may not be a suitable buy for the long term.

To predict the Thangamayil Jewellery's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Thangamayil Jewellery Share Price Target For 2024

Thangamayil Jewellery Targets For 2024 Chart

The line chart displays the monthly closing prices of Thangamayil Jewellery with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Thangamayil Jewellery shares in 2024, see the table below.

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Thangamayil Jewellery Share Price Target Table For 2024

Thangamayil Jewellery's LevelsValueReason/Importance
2024 Target 31938.00 (+2.89%)Price Action: 07 Nov 2024 Low
2024 Target 21914.89 (+1.66%)Fibonacci Extension Level 123.6%
2024 Target 11892.79 (+0.49%)Custom Fibonacci Extension Lvl 23.6%
Current Price1883.55Thangamayil Jewellery's 1 share price as of Thu 14 Nov 2024
Stop Loss 11880.71 (-0.16%)Price Action: Chart
Stop Loss 21855.46 (-1.5%)Fibonacci Retracement Extended 28.2%
Stop Loss 31834.16 (-2.63%)Fibonacci Retracement Extended 82.6%

Summary: Thangamayil Jewellery Share Price Prediction For 2024

In summary, Thangamayil Jewellery has surged by ₹392.20, achieving a notable +26.30% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Thangamayil Jewellery for 2024 predicts an additional rise of 0.49% to 2.89% by the end of 2024 with three potential targets T1: 1892.79, T2: 1914.89, T3: 1938.00. Stop Loss at SL1: 1880.71, SL2: 1855.46, SL3: 1834.16.

Thangamayil Jewellery has a 52-week high of ₹2650.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1140.00, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Thangamayil Jewellery.

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Thangamayil Jewellery Share Price Target For 2025

Thangamayil Jewellery Targets For 2025 Chart

The line chart displays the monthly closing prices of Thangamayil Jewellery with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Thangamayil Jewellery shares in 2025, see the table below.

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Thangamayil Jewellery Share Price Target Table For 2025

Thangamayil Jewellery's LevelsValueReason/Importance
2025 Target 32906.05 (+54.28%)Price Action: Chart
2025 Target 22851.86 (+51.4%)Fibonacci Extension Level 123.6%
2025 Target 12782.42 (+47.72%)Custom Fibonacci Extension Lvl 64.9%
Current Price1883.55Thangamayil Jewellery's 1 share price as of Thu 14 Nov 2024
Stop Loss 11646.33 (-12.6%)Technical Indicator: MA200
Stop Loss 21629.87 (-13.47%)Price Action: Chart
Stop Loss 31595.71 (-15.29%)Technical Indicator: MA250

Summary: Thangamayil Jewellery Share Price Prediction For 2025

In summary, Thangamayil Jewellery has surged by ₹392.20, achieving a notable +26.30% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Thangamayil Jewellery for 2025 predicts an additional rise of 47.72% to 54.28% by the end of 2025 with three potential targets T1: 2782.42, T2: 2851.86, T3: 2906.05. Stop Loss at SL1: 1646.33, SL2: 1629.87, SL3: 1595.71.

Thangamayil Jewellery has a All-Time high of ₹2650.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹1140.00, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Thangamayil Jewellery, we have created a specific page for that check here: Thangamayil Jewellery Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Thangamayil Jewellery Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Thangamayil Jewellery Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Thangamayil Jewellery share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 15.74% over the next 15 years.

For complete year by year Thangamayil Jewellery long term share price target from 2024, 2025 to 2039 check the below table.

Thangamayil Jewellery Share Price Target Table From 2024, 2025, 2026 to 2039

YearThangamayil Jewellery TargetYoY Change %
2024₹1,883.55[Current Price]
2024₹2,449.7130.05%
2025₹3,615.5347.58%
2026₹4,831.8233.64%
2027₹6,749.0939.68%
2028₹7,169.36.22%
2029₹8,555.4219.33%
2030₹9,629.1912.55%
2031₹10,862.412.8%
2032₹13,489.9624.18%
2033₹13,137.66-2.62%
2034₹14,661.1211.59%
2035₹15,642.866.69%
2036₹16,892.997.99%
2037₹20,230.8319.75%
2038₹19,106-5.56%
2039₹18,952.32-0.81%

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Thangamayil Jewellery Past Performance

THANGAMAYL main
Thangamayil Jewellery has been listed on NSE for more than 14 years.
  • In 2010, Thangamayil Jewellery opening price was ₹33.02
  • As of Thu 14 Nov 2024 the price stands at ₹1,883.55.
  • This represents a Compound Annual Growth Rate (CAGR) of 30.94%.
  • In 14 years, an investment of 10,000 would have become ₹5.7 Lakh.

As we wrap up, we hope you like our study on Thangamayil Jewellery share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Thangamayil Jewellery Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter