A focus on localisation and increase of duties in select sectors are also expected to boost manufacturing across sectors.
Bajaj Finance stock earlier formed a "double top" formation and, since then, has been witnessing a continuous fall
Tata group firm Titan said its jewellery division has recovered from pandemic, entering the growth phase, and other divisions have moved closer to full recovery led by festive season
The company said its jewellery division has crossed the recovery phase to growth phase and other two large divisions have also moved much closer to the full recovery
C K Venkataraman, MD of Titan Company, did fancy being a National Geographic photographer in a jungle, but that didn't last long.
Titan Company is hovering around the resistance of Rs 1,300 levels.
The watches-to-jewellery company saw a 90 per cent recovery in sales in the September quarter
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Revenue growth, however, could stabilise once recovery picks up
In a quarterly update earlier this month, the company highlighted that Q2 was on a par with the year-ago period, led by improving walk-ins.
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Margins would, however, continue to be muted on lower studded ornament sales and discounts
The Company's return to normalcy on the business front has been progressing well, Titan said
Kalyan Jewellers India Ltd. said Monday it plans to raise as much as Rs 17.5 billion ($235 million) through a public listing as it banks on the long-term appeal of gold
The watchs segment saw 89% decline in revenue for Q1
Titan reported a 62.3 per cent year-on-year decline in revenue in Q1 at Rs 1,862 crore
All that happened in the markets today