Consumer discretionary major Titan Ltd on Tuesday reported 61% year-on-year (YoY) growth in its consolidated net profit at Rs 1,684 crore, while total income rose 40% YoY to Rs 24,592 crore. EBIT for the quarter (excluding exceptional items) increased 63% YoY to Rs 2,657 crore. Margins improved 155 basis points to 10.8%. Segment wise, the…
Rekha Jhunjhunwala, custodian of one of India’s most influential investment portfolios, saw her notional wealth in Titan Company swell to a staggering Rs 20,000 crore on Wednesday as the stock surged over 4% to hit a fresh record high following the company’s strong Q3 business update. Titan shares jumped as much as 4.5% to a…
Titan Company’s consumer businesses registered a growth of 40% year-on-year in the December-ended quarter. The international business grew 79% YoY while domestic clocked a 38% growth over the same quarter in the year ago period. The Tata Group company added 56 stores taking its retail network to 3,433 stores. The company announced its Q3 updates…
The Indian market closed lower on Monday, with the Sensex and Nifty paring early gains as muted year-end trading volumes and sustained foreign fund outflows damped investor appetite for risk, extending the market’s recent losing streak. The BSE Sensex fell 346 points, or 0.41%, to close at 84,695.54, while the NSE Nifty 50 dropped 100…
The Indian market closed lower on Friday, with the Sensex and Nifty edging down as investors pared positions near record highs, with thin year-end trading and continued foreign outflows tempering risk appetite. The pullback capped a subdued session marked by light participation and selective selling across index heavyweights. The BSE Sensex fell 367 points, or…
Foreign Institutional Investors’ (FIIs) have been net buyers of Indian equities in November so far, offloading shares worth Rs 3,788 crore, taking the total outflow tally to Rs 1,43,698 crore in 2025. In the week gone, FIIs selling was to the tune of Rs 188 crore this week amid bouts of buying activity. The Friday…
The rupee closed nearly unchanged on Wednesday, easing off a two-week high as importer dollar demand ate into gains spurred by a pick up in exporter flows and a mildly bullish bias among interbank traders. The rupee ended the session at 88.5875 against the U.S. dollar, up marginally from its close of 88.6050 in the…
Wall Street stocks slipped early Monday as traders braced for key earnings reports from chip titan Nvidia and major US retailers.After the longest government shutdown in US history, which put various economic data reports on hold, markets are also waiting for backlogged numbers to again start flowing — to gauge the health of the world’s…
Goldman Sachs on Friday sold over 1 crore shares of food deliver and quick commerce company Eternal Limited for Rs 355.32 crore where the buyer was BOFA Securities. The shares were sold at a price of Rs 329 apiece, flat over the Wednesday closing price. Today Eternal shares closed at Rs 328.20 on the NSE,…
Indian markets ended slightly lower amid global jitters, but consumer durables outperformed. Dixon Technologies, Titan, and Kalyan Jewellers led sector gains, showcasing resilience amid uncertainty. Source link