The plain jewellery category bore the brunt of gold volatility in March 2022 leading to a slight decline for the quarter
With customers moving to organised jewellery shops, the company was making huge investment to open 45-50 new stores across the country to add to the existing 385 stores present in 220 cities
Jewellery stocks are likely to shine in coming months on the back of likely strong Q3 performance owing to the festive demand
Markets regulator Sebi imposed a fine on an employee of Titan Company Ltd for violation of insider trading norms
Will new NPA rules be enough to assuage PSBs' concerns? What is Volvo India MD Kamal Bali's glide path to 'net-zero' target? Can jewellery stocks give 100% returns by next Dhanteras? All answers here
Markets regulator Sebi on Monday imposed monetary penalty on three employees of Titan Company Ltd for violating insider trading norms
Sameet Chavan of Angel Broking recommends shorting Titan and UBL as the counters look weak on the charts
Analysts have upgraded the company's earnings for FY22 and FY23, pencilling in broad-based sales recovery
With festive season round the corner and gold sales expected to rise, gold-related stocks are likely to be in focus, the charts are indicating more upside for these stocks
The stock now trades at record high levels, backed by strong Q2FY22 revenue growth, the company reports 78 per cent year on year (YoY) jump in standalone revenue for the July-September quarter (Q2FY22
The Nifty Consumption index surged nearly 228 per cent in the last 10 years and has outperformed the frontline Nifty50 that moved up nearly 138 per cent during this period
The BSE MidCap added 0.10 per cent but the BSE SmallCap index slipped 0.43 per cent
Total income during the quarter under review stood at Rs 3,519 crore. It was Rs 2,020 crore earlier, Titan said in a regulatory filing.
The broader market, however, saw profit booking as, both, the BSE Mid and SmallCap indices declined 1 per cent each.
Analysts expect recovery to be faster relative to FY21 with 90 per cent stores already resuming operations and footfalls being higher than last year
Analysts expect hallmarking, recovery to aid market share gains for the jewellery retailer
The sales were hit only to a small extent until the third week of April, from the rapidly rising second wave of the pandemic, primarily due to the temporary store closures in some important states
We are opening up only those stores - 270 so far - where 100 per cent of our staff has been vaccinated
The stock of Tata Group Company surpassed its previous high of Rs 1,620.95, touched on January 6, 2021
With the past two day's rally, it has recovered 15 per cent from its recent low of Rs 1,401, hit on May 4, in intra-day trade