Research ReportsThangamayil Jewellery - Entering A Golden Era; HDFC Securities Initiates Coverage With A 'Buy' Rating
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Thangamayil Jewellery - Entering A Golden Era; HDFC Securities Initiates Coverage With A 'Buy' Rating
The brokerage anticipates significant rerating, as the company's ROE improves from 18% in FY23 to 32% in FY27, substantially surpassing that of Titan, the market leader in organised jewellery space.
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