Titan Industries lost 1.58% to Rs 259.20 at 14:43 IST on BSE after net profit rose 16.9% to Rs 182.48 crore on 42% growth in sales income to Rs 3087.79 crore in Q1 June 2013 over Q1 June 2012.
The Q1 result was announced during trading hours today, 1 August 2013.
Meanwhile, the S&P BSE Sensex was up 56.99 points or 0.29% at 19,402.69.
On BSE, 8.52 lakh shares were traded in the counter as against average daily volume of 6.62 lakh shares in the past two weeks.
The stock hit a high of Rs 267.30 and a low of Rs 255.25 so far during the day.
Titan Industries retails branded gold jewellery under the brand name Tanishq. It sells watches under a premium brand Titan and economy brand Sonata.
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