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Titan Company rallies 6% after providing September quarter business update

The Company's return to normalcy on the business front has been progressing well, Titan said

Titan, Titan watch, titan jewellery, Titan q2
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Titan Showroom

SI Reporter Mumbai
Shares of Titan Company surged 6 per cent to Rs 1,268 on the BSE on Wednesday after the company said its jewellery business did very well in the September quarter (Q2FY21), with a recovery rate of around 98 per cent (excluding sale of raw gold), compared to the revenue of the corresponding quarter in the last year.

"The walk-ins have been improving with conversion rates and average ticket size being higher compared to same period of last year," Titan Company said in quarterly update.

“The Company's return to normalcy on the business front has been progressing well with

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