Page 16 - Titan

With Rs 91,000-crore m-cap, Titan now second biggest jewel in Tata crown

The success stems from Titan's betting hard on wedding jewellery over the last three years

Titan continues to glitter after robust Q3 show; stock hits all-time high

The company clocked a 35 per cent year-on-year rise each in net sales and net profit in Q3 at Rs 5,632.5 crore and Rs 416.2 crore, respectively

Growth in studded jewellery, watch, eyewear segments to aid Titan's margins

The strong earnings visibility also stems from more expansion through L3 stores in newer cities

Titan's new gamble: Taneira hopes to stand out in the premium saree market

Titan's sarees will ride on the parent brand's immense equity and deep penetration to crack open the potential Rs 550 billion market

Jewellery still store of value, not lifestyle choice: Titan's Venkataraman

Titan is taking brands like Zoya, Mia, and Tanishq to cities like Kakinada, Latur, Serampore, Hazar­ibagh

Titan reports dip in profit, but investors have reason to keep the faith

Despite a miss on margins for the Titan Company in the September quarter, investors are not complaining. The jewellery retailer had declared its results for the quarter after market hours on Friday; on Monday, its share price jumped a little over five per cent. Pushed by robust revenue growth in that quarter and, more importantly, a strong outlook for the second half of the current financial year.The reason the Street is not too worried about its lower profit is the strong performance on sales, in an environment where a number of other consumer goods companies are struggling to drive volumes. In the September quarter, Titan's jewellery segment (80 per cent of its revenue) grew 28.5 per cent (wholesale) over the year-ago period. At the retail level, the company indicated, growth was even stronger at 38 per cent. Sharp outperformance, as other larger jewellery retailers are expected to have grown at about 15 per cent. The higher growth in jewellery was on account of continued momentum ..

Despite muted market sentiments, Titan's jewellery sales back on track

The company has gained market share on the back of new launches and expansion in jewellery segment

Titan's jewellery segment growth recovers after muted Q1 performance

The company indicated it would stimulate demand through innovative advertising campaigns and new product launches in the coming quarters

Titan plans to shine in global market with jewellery business

Branded jewellery maker to foray into Asian markets in FY19

Titan aims to touch gross revenue of Rs 500 bn by 2023 with 50 mn customers

Titan has pushed back an earlier target, set by it, for its jewellery business

Titan gains 3% as Q3 jewellery retail sales meet expectations

The stock was up 3% to Rs 869 on the National Stock Exchange in intra-day trade so far

Caratlane's growth rate increases after acquisition by Titan

Caratlane would be increasing its count of physical stores to around 75 by next financial year

Titan: Jewellery demand, margins to boost profit

The strong growth came despite the impact of regulatory changes on account of PMLA and the implementation of GST

Titan looks to expand digital footprint with Amazon

Titan is the fifth largest watchmaker globally

Titan taps Amazon to enter US market

Titan will become the latest Indian brand to ride on the back of the global e-retail major

GST and shift from unorganised sector helping Titan, says MD Bhaskar Bhat

In Q&A, he adds Titan has expanded brands in sarees, is reinventing watches to reach more customers

All that glitters is gold for Titan

Strong 54% growth in jewellery business lifts share price by 10% to all-time high

Titan hits fresh high on expectations of robust March quarter earnings

The stock hit a new high of Rs 487, rallied 49% since January 2017, against 12% rise in the Sensex.

Titan sees good business in fourth quarter of FY17

In a quarterly update shared on Tuesday, watch and jewellery major Titan says the demand scenario for its products had improved in the March quarter.Sales across its divisions have been good, pointing to a strong earnings period, it said, ahead of its quarterly results announcement. The Bengaluru-based entity's FY16 net sales were Rs 11,278 crore. It derives 75-80 per cent of revenue from branded jewellery and the rest largely from watches, eyewear and accessories. It is yet to disclose its March quarter earnings announcement date."Control on costs, along with strong growth in top line (revenue) and gross margins will enable the company to show a very good growth in bottom line (profit) for the quarter and consequently for the year," said S Subramaniam, chief financial officer. "The second half of the (financial) year exceeded expectations on all counts, despite a serious regulatory impact in the form of demonetisation. The year also saw significant landmarks for the company."For ...

Titan shines 8% on robust Q3 earnings; brokerages recommend 'buy'

On the volume front, nearly 5 lakh shares exchanged hands on the BSE