Page 13 - Titan Company

Titan spreads the net, enables 'reserve-online-and-pick-up' at store

Keeping with time, the Tata Group company had piloted this strategy at five of its flagship Bengaluru stores for three months

Higher gold prices, low growth in Q1 take the shine off Titan stock

Analysts believe that market share gains, revenue visibility, margin expansion and return ratios could support valuations

With gold hitting Rs 40,000 mark, will jewellery stocks lose sheen?

Thus far in CY19, most gems and jewellery stocks have underperformed the market. Stocks such as Goenka Diamond & Jewels and PC Jeweller have slumped up to 61% as compared to 3% rise in the Sensex

Titan plunges 10% as analysts de-rate stock following weak Q2 results

Titan cut growth guidance for H2FY20 to 11-13%, from 20%, on account of weak outlook for the jewellery business

Titan plunges 10% on disappointing Q2 nos, cut in H2FY20 revenue guidance

Profit before tax (PBT) stood at Rs 429 crore, down 3.7 per cent year-on-year (YoY) and net profit was up just 1.8 per cent YoY to Rs 320 crore.

Titan eyes double-digit growth in jewellery business in December quarter

The Bengaluru-headquartered company had earlier informed the stock exchanges its jewellery business grew 7 per cent in the second quarter of FY20, lower than the expected 12-13 per cent

Titan slumps 6% as jewellery business sees sharp decline in sales in Q2

The company said its jewellery division witnessed a sharp fall in sales after a sudden surge in gold prices dented the consumer demand from mid-June.

Tech view: Time to be bullish on consumption stks ahead of festive season?

With festival season round-the-corner, companies are hoping for a pick-up in the overall consumption, which along with the cut in corporation tax, would aid earnings growth over the next few quarters

After serving for 36 years, Titan MD Bhaskar Bhat says, 'It's time'

Bhat joined the Tata Watch Project in 1983, which later went on to become Titan Company that we see today

Titan Company plans to raise Rs 900 crore through commercial paper

ICRA said the company had leadership position in the organised jewellery, watches, and eyewear segments

Titan Company slips 4%, hits 6-month low on subdued Q1 earnings

The stock was trading at its lowest level since February 1, 2019, when it hit Rs 985 in intra-day trade

Titan stock under pressure, plunges to 4-month low; slips 21% in July

Despite near-term weakness, JP Morgan believes the structural market share gain-led growth strategy for Titan remains intact and would ensure healthy medium-term growth prospects.

Titan slumps 13% on lower-than-expected Q1 growth in jewellery business

In its quarterly update, the consumer goods company said high gold prices in June impacted its jewellery business.

Titan slips 1% after Morgan Stanley downgrades stock to 'equal weight'

Thus far in the calendar year, the stock has outperformed the market by surging 43 per cent, as compared to a 10 per cent rise in the benchmark S&P BSE Sensex till Wednesday.

Titan Company set to join Rs 1-trillion market cap club; hits new high

In past five months, the stock of Titan Company has outpaced the market by surging 37 per cent, as compared to 9 per cent rise in the S&P BSE Sensex

Titan Company surges 5% on strong Q3 results; stock hits new high

The stock rallied 5 per cent to Rs 1,044, surpassing its previous high of Rs 1,006 recorded on April 18, 2018, on Monday in an otherwise weak market.

Titan Company gains 4% on Q3 business update

The stock was up 4 per cent to Rs 964 on BSE in the early morning trade after the company said it saw good growth momentum across all its businesses in the seasonally strong third quarter.

Titan Company gains post September quarter results

The stock was up by 4% at Rs 883, recovering 5% from its early morning low of Rs 842 on the BSE.

Titan Company gains 5% as Q2 jewellery business meet expectations

Titan Company was trading 4.7% higher at Rs 812 against 0.96% decline in the S&P BSE Sensex at 10:20 am.

Titan misses the growth bus in Q1; analysts remain bullish on prospects

High base of last year, muted bullion and jewellery demand main reasons; analysts remain bullish on prospects