Titan Company down 3% as Jewellery biz crawls in Q4 amid rising gold prices

The plain jewellery category bore the brunt of gold volatility in March 2022 leading to a slight decline for the quarter

Titan
Premium

Titan

SI Reporter New Delhi
Shares of Titan Company declined 2.8 per cent to Rs 2,468 apiece on the BSE on Thursday after the company reported sluggish growth in its jewellery business in March quarter of FY22 (Q4FY22).

At 10:45 AM, shares of the Tata Group company were quoting at Rs 2,479, down 2.5 per cent, on the BSE. In comparison, the BSE Sensex was at 59,163, down 0.75 per cent.

The company's Jewellery Division ended the volatile quarter on a flat note over a strong Q4FY21 base. Business saw subdued activity in top cities due to the Omicron wave in January 22, a very

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 07 2022 | 9:29 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com