 "Titan to locally produce spectacle frames and reduce imports")
Shares of consumer goods companies were in focus with the S&P BSE Consumer Durable index hitting its record high by rising nearly 4% in today's trade.
Titan Company, Symphony and PC Jeweller from the index were up more than 3% each after Titan reported better-than-expected October-December (Q3) earnings despite some headwinds on account of demonisation.
At 10:44 am; the S&P BSE Consumer Durable index, the largest gainer among sectoral indices, was up 3% or 416 points at 13,532 as compared to a marginal 0.05% rise in the S&P BSE Sensex. The consumer index hit an intra-day high of
Titan Company, Symphony and PC Jeweller from the index were up more than 3% each after Titan reported better-than-expected October-December (Q3) earnings despite some headwinds on account of demonisation.
At 10:44 am; the S&P BSE Consumer Durable index, the largest gainer among sectoral indices, was up 3% or 416 points at 13,532 as compared to a marginal 0.05% rise in the S&P BSE Sensex. The consumer index hit an intra-day high of
