Page 8 - Titan

Growth prospects remain strong for Titan after good Q4 performance

Jewellery segment margins expected to moderate in the current fiscal

Sensex snaps 8-day winning run, ends 161 pts lower ahead of Fed outcome

Stock market live: Overnight in the US, banking shares declined as investors fret over the stability of small regional banks. The Dow Jones and Nasdaq fell 1.08% each while the S&P 500 shed 1.16%

Titan Q4 net profit up 50% to Rs 734 crore, dividend of Rs 10 declared

The company's revenue from operations rose 335 during the period to Rs 9,704 crore

From Adani Wilmar to Havells India: Q4 results to watch out for today

Q4 results: Godrej Properties, Reliance Power, Bajaj Consumer, Chola Investment, JK Agri Genetic, Petronet LNG, Sula Vineyards, Sonata, and Tata Chemicals will also announce their results today

Titan Company's revenue grows by 25% YoY in January-March quarter

Premium brands in watches continued their strong performance with brand Titan and brands in Helios stores registering double-digit growth that were higher than the overall segment

Company of the Year: Titan Company wins gold for outstanding performance

Even as India Inc struggled with the two Covid waves in 2021-22, the jewellery-to-watches maker posted strong growth and continued adding stores

How Titan Company MD sees other businesses growing over the next 5 years

'Ethnic wear, women's bags and fine fragrances are categories which I see contributing much more significantly to customer share and revenue share in the next five years'

Sebi disposes of show cause notices against 22 individuals in Titan Case

Capital markets regulator Sebi on Thursday disposed of show-cause notices issued against 22 individuals as the allegation of violation of insider trading rules was not established in Titan Company Ltd (TCL) case. The order came after the Securities Appellate Tribunal (SAT) in its ruling on February 7 had set aside Sebi's order against 22 individuals for violating insider trading norms in the shares of TCL and directed the regulator to pass a fresh order. In its latest order, Sebi said the 22 individuals (noticees) were "not designated employees" of the company and therefore, were not obligated to make disclosures under the PIT (Prohibition of Insider Trading) norms. Therefore, the adjudication proceedings against the noticees initiated through show-cause notices dated August 9, 2021 stand disposed of without imposition of any penalty, it said. In the matter, Sebi had initiated adjudication proceedings against the individuals for alleged violation of PIT norms in the scrip of Titan

Diamond jewellery contribution to touch 30% over 2-3 years: Titan

The firm currently sees 26 per cent of its revenue come from diamond-studded jewellery

Titan rallies 5% on hopes of healthy Q4 business outlook

Given strong execution, analysts at Emkay Global Financial Services, too, remain confident of the high-teens earnings trajectory for Titan in the medium term

Q3 results: Titan posts surprise net profit fall, shares sink over 1%

The quarter witnessed a strong festive consumer demand, Titan Company Managing Director C K Venkataraman said

Titan Company slips 2% to hit over four-month low; down 14% from 52-wk high

The stock was trading at its lowest level since August 23, 2022 and has slipped 8% in the last eight trading days

Titan slips 2% despite 11% YoY jewellery sales growth in Q3 update

In the past three months, the stock declined 9 per cent, as against 4 per cent rise in the S&P BSE Sensex.

Bulls stage turnaround on Monday; key reasons why Sensex rallied 850 pts

The market sentiment got a boost from jobs and services data in the US, which hinted at a cooling economy prompting bullish bets from investors

Helped by festive sales, Titan reports 12% standalone biz growth in Q3

Leading jewellery and watchmaker Titan has recorded 12 per cent growth in its standalone business in the December quarter, led by "healthy consumer demand" spurred by a vibrant festive season. "The positive consumer sentiment helped all categories clock healthy double-digit growths despite a high base in the same period of last year," as per the quarterly update by Titan for Q3 FY23. The Tata group firm also continued network expansion by adding 111 stores in October-December, taking the total number to 2,362 at the end of the quarter. During the quarter, Titan Jewellery, which generally contributes more than two-thirds of its revenue, achieved 11 per cent Y-O-Y growth. "Healthy new buyer growths in the festive period, higher-value purchases in the studded category and unique new collections for the season helped the division achieve an 11 per cent growth YoY (excluding bullion sales)," said Titan. Sales from the studded category moderately outpaced the gold jewellery (plain) segm

Titan reports 33.7% rise in Q2 net profit on higher jewellery demand

The company earned a profit of 8.57 billion Indian rupees ($103.95 million) in the three months ended Sept. 30 from 6.41 billion rupees in the previous year

Fag-end buying lifts Sensex 114 pts, Nifty above 18,100; Metal index up 4%

CLOSING BELL: A late rally on Dalal Street helped the benchmark indices end a lacklustre trading session on a positive note. Metals, select financial shares led the pullback.

Diwali cheer: PC Jeweller, Kalyan Jewellers may gain up to 40%, hint charts

So far this month, PC Jeweller, Rajesh Exports and Kalyan Jewellers have rallied up to 21 per cent on hopes of a bumper sales this Diwali season.

Analysts bullish on stocks of jewellery retailers for the long-term

Analysts remain fairly optimistic on jewellery players as softening gold prices and the ongoing festive season makes a case for sustained demand momentum going forward

Tata to triple Zoya stores by 2027 as India's new rich fuel brand expansion

India's expected surge of rich consumers is driving the jewelry unit of Indian conglomerate Tata Group to triple its Zoya-branded stores by 2027