Page 8 - Titan Company

Titan taps IBM Watson to drive sales

Titan aims to energise its current customer base

Market share gains emerging as another growth driver for Titan

Rising formalisation of industry could aid market share gains and support stock's valuations

Jewellery shares extend fall; Titan Company hits 52-week low

Titan Company, Tribhovandas Bhimji Zaveri and PC Jeweller were down between 3% and 5% on the BSE.

Titan: Poor show to weigh on valuations

But for the healthy traction in studded/diamond jewellery, Titan's revenues would have come in even lower

Titan net up 24% to Rs 181 cr on improved jewellery sales

Revenue flat at Rs 2,676 cr; Tanishq brand grows 39% on strong diamond studded jewellery sales in the quarter

For Titan, demand remains elusive

Results miss estimates on muted sales volume, one-off expenses

Titan acquires majority stake in Chennai-based online jewellery firm Carat Lane

Deal value, stake details to be disclosed when definitive documents are signed; Tiger Global to exit from Carat Lane