Thangamayil Jewellery shares rise 19%, up 50% in 4 sessions. What’s fuelling the sharp surge?

Thangamayil Jewellery surged 19% to a record high of Rs 3,089 after posting a strong turnaround in Q2FY26 and record sales in October. The company reported a net profit of Rs 58.5 crore versus a loss last year, while revenue jumped 45% YoY. October revenue crossed Rs 1,000 crore for the first time, driven by festive demand.