Smaller player Thangamayil Jewellery strikes gold after Kalyan files IPO

Investors are expecting a positive rub-off effect and possibly a better value discovery of Thangamayil, as the smaller player is better than Kalyan on several parameters including sales growth, return on equity, working capital and debt ratios.

First published here: Smaller player Thangamayil Jewellery strikes gold after Kalyan files IPO