Equirus Securities's head (PMS) believes Thangamayil Jewellery will gain sheen in a post-GST era

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Besides signifying royalty and prosperity, Thangamayil associates itself with high quality products and customer service. In fact, it was one of the first to only sell hallmarked jewellery long before it was mandated by the government.

On the back of this brand strength, from a single store company in June 2001, TMJL now operates 32 stores across tier–II and tier-III cities of Tamil Nadu.

Now TMJL is again entering the expansion phase and plans to open five stores in FY18.

Reference:

Prominent magazine OUTLOOK BUSINESS published the news on Dec 22, 2017.

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