Page 15 - Titan

Titan's jewellery business braves economic slowdown storm in Q3

Better jewellery product mix led to sales rise, gold price trend will be key hereon

Titan pays Rs 25 crore to ex-MD Bhaskar Bhat as special retirement benefit

The Tata Group JV saw an increase of almost Rs 77 crore in the employee benefits expenses for the quarter

Market Wrap, Feb 4: Sensex skyrockets 917 pts, Nifty nears 12K

Barring HUL and Bajaj Auto, rest 28 stocks in the 30-share Sensex index ended in the green

Gold price, valuation hurdle for Titan stock; firm outperforms market

Adjusting for a large institutional order in the year-ago quarter, retail growth has been much higher than expectations at 15%

Titan says December sales in North East, other areas hit by CAA protests

Thousands of people held protests against Citizenship Amendment Act (CAA) and National Register of Citizens (NRC) in various parts of the country

Titan's range of Fastrack fragrances to have a whiff of mass appeal

Considering the popularity of the brand, Titan hopes that these new set of fragrances will catch on with the young consumers across the country

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

Titan eyes Lion's share in smartwatches space with R&D and acquisitions

The Bengaluru-headquartered company has now created a separate vertical to up its game in the smart watches category

Titan enters affordable smartwatches with new variants from Sonata brand

Company claims these are the cheapest hybrid smartwatches in the country; will be available at Titan stores and e-commerce websites such as Amazon and Flipkart

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.

High gold prices, soft jewellery demand weigh on Titan's Q2 performance

Topline was flat aided by higher gold prices amidst 14% fall in volumes, PBT was down 3.7%; stock could see some pressure

Titan Q2 net profit rises to Rs 312 cr on higher jewellery biz growth

The company's retail chain number stood at 1,668 stores at the end of on September, while retail area crossed 2.1 million square feet nationally for all its brands, Titan Company said.

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

Muted demand, hedges hit Titan's jewellery sales, Q2 revenues down 2%

Analysts estimate a 60-100 bps compression in operating margin

Design, craftsmanship two brand pillars of Zoya: Titan's C K Venkatraman

Zoya is our luxury brand, renowned for its precision craftsmanship and distinguished design, says Venkatraman

Regaining glitter in revenue spinning jewellery biz crucial for Titan

Festive season and expected improvement in consumption sentiment are expected to revive growth in second half of FY20

Good times: Titan adds shine to Rakesh Jhunjhunwala's portfolio

While analysts are positive on Titan, it has been seeing some headwinds

In a first, Titan goes for in-house movements to boost premium range

Capability-wise, the market opinion is that Titan is best suited to pull off such an effort

Despite weak demand, Titan's glittering stock valuation unlikely to fade

Strong brand equity and network expansion will help the company gain market share, even as local unorganised players are struggling and many peers are facing demand and liquidity pressures

Titan valuations on higher side; investors need to be cautious

The stock hit an all-time high; tie-up with American watchmaker likely to be a positive in the long term