In a few Ideas for Profit from Moneycontrol Pro, Bharat Gianani of Moneycontrol.Com spoke about a stock that he is tracking closely, Thangamayil Jewellery.

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The company is focusing on opening new small format stores, which will help in optimising the capex. The company is trading at around 8 times its FY23 earnings. Hence there is a huge scope of rerating for Thangamayil Jewellery so it is advised to buy the stock.

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(Edited by : Ajay Vaishnav)

First Published:Mar 23, 2021 2:06 PM IST