Titan Company Ltd News

Premiumisation, retail trends to drive Titan's expansion strategy

Company plans six Helios Luxe stores in FY25, grow them to 35 in two stores

Tanishq to set up De Beers equipment to increase consumer confidence

Ajoy Chawla, CEO, Jewellery Division, Titan Company, said the goal is to give consumer confidence and also to grow the diamond market

RIL, Tata Motors, Titan: Over 50% Nifty stocks trade below 200-DMA

As many as 27 out of the Nifty 50 stocks are trading below their respective long-term moving average; analysts see this as an overall weak trend in the market.

Titan slips 4%, nears 52-week low on margin disappointments in Q2

The consolidated profit before tax was lower by 24 per cent YoY at Rs 948 crore mainly due to impact of custom duty reduction

Titan Q2FY25 results: Net profit down 23% due to cut in customs duty

Its revenue from operations grew 25.8 per cent at Rs 13,473 crore in the quarter over last year while its net profit stood at Rs 704 crore

Titan Q2 results: Net profit down 23% at Rs 704 cr, sales up 25.8%

Total expenses of Titan increased 20.23 per cent to Rs 13,709 crore in the June quarter

Q2 results today: Titan, Mazagon, and Dr Reddy's among 63 to post earnings

Q2 results today, November 5: GAIL India, Oil India, Merger Paints, Mankind Pharma, and Saregama will be releasing their earnings report for the July-September quarter on Nov 5

Noel's appointment as Tata Trusts' chair signals continuity, BAU: Analysts

Noel is the half-brother of the late Ratan Tata, and was already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust

Long-term investors likely to use the dip to 'accumulate' Titan's stock

Titan beat growth expectations across most segments and this led to likely earnings upgrades for FY25 to the tune of 4-5%

Why did Titan shares tumble 3% despite stellar Q2 business report?

Titan share price dropped despite the company reporting robust business performance for the September quarter (Q2FY25).

Titan gains 3%, hits nearly five-month high on decline in gold prices

In the past one month, Titan has outperformed the market by surging 10 per cent, compared to the 4.5 per cent rise in the BSE Sensex during the period.

These 3 penny stocks would have made you a millionaire in 20 years

Penny stocks under Rs 10: Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks, you would have become a millionaire by now

How to trade Titan, other jewellery stocks amid rising Gold prices?

Stocks like PC Jeweller, TBZ, Kalyan Jewellers and Senco Gold can potentially rally up to 27% from current levels, suggest technical charts.

Titan tanks 8% after tepid Q1FY25 show: Should you buy, sell or hold?

Shares of Titan fell 7.56 to Rs 3,201 per share on the BSE in Monday's intraday deals. This came after the company reported a marginal decline in net profits on a year-on-year (YoY) basis

Titan Company Q1 FY25 results: Net profit down 5%, revenue rises 12.6%

The jewellery major's profit before interest, depreciation and tax grew 10.3 per cent to Rs 1,367 crore in the quarter ended June

Titan Q1 results: Net profit declines 5% to Rs 715 crore, misses estimates

The Tata group-owned company reported a 5% fall in consolidated profit to Rs 715 crore ($85.4 million) in the quarter ended June 30, from Rs 756 crore an year ago

Union Budget 2024: Jewellery shares rally as govt cuts custom duty on gold

India Budget news 2024: Customs duty on gold and silver has been reduced to 6% which may lead to a decline in domestic prices and perhaps lift demand

Titan Company MD C K Venkataraman on his 'sparkling' journey with Tanishq

Venkataraman, who has steered Tanishq for nearly two decades, shares with Aneeka Chatterjee the joys and challenges of the journey

Titan stock dips 4% on disappointing jewellery biz growth in June quarter

High gold prices (20% growth YoY) had an impact on consumer demand. Coupled with lower wedding days, overall sentiments were relatively muted in comparison to Q1FY24, the company said.

Jewellery brand Titan reports 9% revenue growth in Q1, adds 61 stores

Leading jewellery and watchmaker Titan on Friday said it clocked a standalone revenue growth of 9 per cent in the first quarter ended June 30, 2024. The Tata Group-managed firm added 61 stores during April-June FY25, taking its combined retail network presence to 3,096 stores. Its jewellery division, which contributes over three-fourths of its revenue, reported 9 per cent growth in the domestic market and added 34 stores. "The auspicious week of Akshaya Tritiya witnessed double-digit growths (in Tanishq secondary sales) compared to the same period last year. However, high gold prices and their continued firmness had an impact on consumer demand," it said. Moreover, the quarter has lower wedding days and overall sentiments were "relatively muted" in comparison to Q1/FY24. "Domestic growth came largely through an increase in average selling prices whereas buyer growth was in low single digit. Gold (plain) grew in high single digit while studded growth was moderately lower in ...