Thangamayil Jewellery opens a new showroom in Anna Nagar Madurai

Thangamayil Jewellery opens a new show room in Madurai Anna Nagar.

This has become a trend these days. If you have a shop or show room in the main Madurai town area around the temple and in the streets of Madurai Temple area, then now it is time for you to have an office outside the main congested traffic area.

Like where people are staying - like Anna Nagar, Bye-pass road NH-7, Thirunagar etc.,
Opening an outer showroom helps your sales a lot. See for example Saravana Stores has a store in Purasaivakkam, in addition to that of T.Nagar shops in Chennai. Same is applicable with GRT Jewellers - they have a shop in Anna Nagar Chennai as well, in addition to T.Nagar and other ones.

Even in Madurai, Naaihaa shop is there in Bye-pass road; Anantha and Anantha metal stores has a branch in Bye-pass road. In fact, Bye-pass road is picking up a lot in Madurai. OK, coming to the news, Thangamayil Jewellery has opened a show room in Anna Nagar, which is a great step towards more profit, more convenience for people etc.,

I guess, next they should be opening a show room in Bye-pass road as well. No Jewellers has moved out of their Jewellery street in Madurai. This is the first time and this is a new landmark for jewellery retail industry in Madurai.

This will change things more in Madurai, I believe in terms of Retail sales. BTW - Thangamayil Jewellery is a Public company -

Thangamayil Jewellery Ltd opened a new branch at Madurai, Annanagar on March 14, 2011 between 9.30 Am-10.30 Am.

The stock closed the day at Rs.167.05, down by Rs.6.35 or 3.66%. The stock hit an intraday high of Rs.176 and low of Rs.167.

The total traded quantity was 8412 compared to 2 week average of 7929.

Source: Equity Bulls