Financials led by PSU banks, realty, metal and FMCG shares where the major losers in trade. All NSE sectoral indices ended with losses of more than a per cent
Apart from earnings candidates, auto and telecom stocks could be in focus on reports of chip shortage likely to linger for a longer period
With jewellery division doing exceeding well, and other divisions swiftly bouncing back to pre-pandemic levels, total income for the quarter was Rs 7,220 crore, including bullion sale of Rs. 192 crore
Shares of Tata Motors DVR were locked at the 20 per cent upper circuit, while Tata Motors too surged nearly 20 per cent in intra-day trade on the BSE today
Analysts expect discretionary players like D-mart, Titan, and Jubilant FoodWorks to record a stronger recovery in Q2FY22, led by faster unlocking and pent-up demand post the second wave
The other positives are lower gold prices, higher festive and wedding season sales, and market share gains
In the broader market, the BSE MidCap and SmallCap indices added 1.7 per cent and 1.4 per cent, respectively
Tata group firm Titan on Wednesday said it has witnessed a strong recovery in demand in the July-September quarter
Titan on Wednesday said it has witnessed a strong recovery in demand in the July-September quarter, and its sales in most of its divisions have either reached above or close to pre-pandemic levels
Markets regulator Sebi on Friday imposed monetary penalty on an employee of Titan Company Ltd for disclosure lapses, in violation of insider trading norms
Sebi had received a letter from Titan, intimating the regulator about contravention of insider trading norms
Capital markets regulator Sebi on Tuesday penalised six individuals for violating insider trading norms in the matter of Titan Company Ltd. The regulator has levied a fine of Rs 1 lakh each on Muniraj Radhakrishnan, Gangadhar Sudheer Kallihal, Punit Juneja, Jayraj P, Arjun Ramji Vishwakarma and Mekat George. In six separate orders, Sebi said these individuals were employees or designated persons of Titan at the time of the violation. While in employment of Titan, they had transacted in securities of the company on two occasions between the quarter ended June 2018 and March 2019. The total traded value of the securities by each of them was in excess Rs 10 lakh. Under the norms, they were required to make disclosures to Titan for each of the transactions within two working days. However, they did not make the disclosures. By doing so, they violated the prohibition of insider trading (PIT) norms. They have contended that were not aware about Sebi Act, PIT regulations and the compan
Total income during the quarter under review stood at Rs 3,519 crore. It was Rs 2,020 crore earlier, Titan said in a regulatory filing.
The Sensex rallied 363.79 points or 0.69 per cent to finish at 52,950.63
L&T Technology Services (LTTS) reported an 84 per cent YoY jump in its June quarter net at Rs 216.2 crore, largely on widening margins
Analysts expect hallmarking, recovery to aid market share gains for the jewellery retailer
The National Housing Bank has imposed a monetary penalty on HDFC of Rs 4.75 lakh for non-compliance with certain provisions
The company, however, said it is moving ahead with "calmness and composure" and is confident of overcoming all the challenges.
The recent optimism at the bourses stems from the hope that consumers will resort to 'revenge buying' once the lockdown condition is lifted following the second wave of Covid infections receding
Strong brands and online presence coupled with expectations of market share gains are key strengths