Page 3 - Titan

Sensex tanks 1,307pts on RBI's sudden 40bps rate hike; Nifty breaks 16,700

Meanwhile, the mega LIC IPO was off to a steady start, with policyholder and employee segment receiving strong response on Day 1 of the offer period.

Titan slips 3%, hits over three-month low on weak March quarter results

Titan's jewellery division's revenue growth trajectory disappointed due to the dual impact of Omicron Covid variant in Jan and a sharp rise in gold prices in March deferring customer purchases.

Stocks to Watch: Tata Steel, HDFC, AEL, AWL, SpiceJet, Titan, BoB, NTPC

Stocks to Watch Today: Tata Steel has announced a 46.8 per cent jump in Q4 net, and also announced a 10:1 stock split; LIC's Rs 21,000 crore IPO opens today.

Titan Q4 net profit falls 7% to Rs 527 cr, sales dip 1.14% to Rs 7,267 cr

Tata group firm Titan Company Ltd on Tuesday reported a 7.21 per cent decline in its consolidated net profit at Rs 527 crore in the fourth quarter ended March 2022. It had posted a net profit of Rs 568 crore in the January-March quarter of FY21, Titan Company said in a regulatory filing. Its total income was up 4.25 per cent to Rs 7,872 crore during the period under review as against Rs 7,551 crore in the corresponding period of the preceding fiscal. The company's revenue from sales of products was down 1.14 per cent to Rs 7,267 crore in the fourth quarter of FY22 as against Rs 7,351 crore a year ago. Titan's total expenses were at Rs 7,165 crore in Q4 of FY22, up 5.04 per cent from Rs 6,821 crore a year ago. "Q4 FY22 ended with a satisfactory performance despite partial lockdowns, volatility in gold prices and uncertainty in a fragile geo-political situation," said Titan, adding, "Excluding bullion sale, revenue declined by 2 per cent compared to Q4 FY21." Titan's revenue from .

Weak sentiment, gold price volatility take sheen off Titan Company

Most brokerages are positive on the long term prospects of the stock

Stocks to Watch: Zee Entertainment, IDFC, Titan, Godrej Consumer, MTNL, HAL

Shares of state-run telecom firm MTNL will be in focus as the the government has deferred the merger of BSNL and MTNL due to financial reasons.

Sebi penalises three individuals for violations in Titan share trades

For violation of the norms, the individuals have been penalised by the regulator

Rakesh Jhunjhunwala-owned Titan hits record high; zooms 30% in six months

Titan hit a record high of Rs 2,718.65, rallied 5 per cent on the BSE in Thursday's intra-day trade, surpassing its previous high of Rs 2,687.30 touched on January 7, 2022.

Sensex slips 143 pts; Nifty holds 17,500; Realty, PSBs dip, metals shine

Among the Sensex pack, SBI was the biggest loser as it dropped over 2 per cent. M&M, NTPC, Kotak Bank, Bajaj Finserv, HDFC, Power Grid, and RIL were the other losers, all down between 1-1.8 per cent

Stocks to Watch: RIL, ITC, TCS, Titan, Cadila, Emami, Lupin, EIH, Tyre

BoI, Devyani Intl, Eveready, FSL, Mahindra Life, Paytm, REC, Siemens, Sintex, SPARC, Tata Steel, Thermax and Vijaya Diagnostics are some of the prominent companies to announce results today.

Titan Q3 net zooms 91% to Rs 1,004 cr, revenue up 37% on robust demand

Driven by festive purchases in October and November, the jewellery business registered an income of Rs 8,563 crore with 37% growth in Q3FY22

Top headlines: Setback for FRL from lenders; Titan Q3 net zooms 91%

Business Standard brings you the top headlines on Thursday

Sensex snaps 3-day winning run, ends 770 pts down; Nifty tops 17,750

Among sectors, all the key indices ended in the red, led by the Nifty IT index (down 2 per cent) and the Nifty Realty index (down 1.7 per cent). Nifty Auto index was the only gainer, up 0.4 per cent.

Titan, Kalyan Jewellers: 5 jewellery related shares to bet ahead of Q3 nos

Jewellery stocks are likely to shine in coming months on the back of likely strong Q3 performance owing to the festive demand

Sensex gyrates 729 pts, ends 143 pts up; India Cements gains 15%, OIL 8%

Sectorally, the Nifty Auto and Pharma indices were the only losers, down up to 0.4 per cent

Titan sees revenue growing 36% in Q3, witnesses strong demand

During the quarter gone by, the company saw significantly higher walk-ins at its jewellery chain Tanishq

Sebi imposes fine on Titan's employee for insider trading norms violation

Markets regulator Sebi imposed a fine on an employee of Titan Company Ltd for violation of insider trading norms

Market wrap: Sensex snaps 4-day losing run, ends over 100 pts higher

Bajaj twins can slide another 10% from current levels; Supriya Lifescience IPO fully subscribed within hours of opening

Sebi levies fine on two employees of Titan Company for disclosure lapses

They traded in the scrip of Titan with total value of transactions in excess of Rs 10 lakh

Titan, Kalyan Jewellers: Will Jewellery stocks double by next Dhanteras?

Jewellery related stocks have witnessed massive gains since last Dhanteras and continue to trade with a firm bullish bias, indicating more upside for the shares.