Titan shares fall 3% after Q1 results; experts flag these concerns
1 year, 4 months ago

Titan shares fall 3% after Q1 results; experts flag these concerns

Live Mint  

Titan Company's share price opened 1.3 per cent lower at ₹2,940 on BSE on Thursday and soon expended losses to almost 3 per cent, a day after the company reported its June quarter scorecard which showed a dip in net profit and margin. Rich valuation, margin pressure can spoil the party Brokerage firm Phillip Capital believes near-term margin pressure and rich valuation of the stock offer little scope for a significant upside in the stock price. "We downgrade Titan to 'neutral' from 'buy' with a revised target price of ₹3,100 as near-term margin pressure in FY24 and rich valuations are most likely to limit any meaningful stock price appreciation," Phillip Capital said. The brokerage firm expects Titan's EBITDA margin to slip to 11.5 per cent in FY24 versus 12.5 per cent in FY23 owing to hefty non-recurring diamond inventory gains sitting in the base year and increased efforts on driving market share gain.

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History of this topic

Titan Company Q2 Results Live: Profit Falls by 23.06% YoY
1 month, 2 weeks ago

Titan Company Q2 Results Live: Profit Falls by 23.06% YoY

Live Mint  

Titan Company Q2 Results Live : Titan Company declared its Q2 results on 05 Nov, 2024, reporting a 16% increase in topline revenue year-over-year, despite a significant profit decline of 23.06%. In terms of stock performance, Titan Company has delivered a -1.62% return over the last week, -1.24% over the past six months, and a significant -12.11% year-to-date return. As …

Titan share price falls over 3% after weak Q2 results; Should you buy, sell, or hold the Tata Group stock?
1 month, 2 weeks ago

Titan share price falls over 3% after weak Q2 results; Should you buy, sell, or hold the Tata Group stock?

Live Mint  

Titan share price declined over 3% on Wednesday after the company reported a sharp fall in net profit for the second quarter of FY25 impacted by a cut in customs duty on gold imports. Brokerages cut target Brokerages have reduced their target prices on Titan Company shares and also cut earnings per share estimates after weak Q2 results and margin …

Titan Company Q2 net profit falls 23% to ₹704 crore
1 month, 2 weeks ago

Titan Company Q2 net profit falls 23% to ₹704 crore

The Hindu  

Titan Company Ltd. for the second quarter ended September 30 reported 23% drop in consolidated net profit at ₹704 crore as compared with ₹916 crore in the year ago period due to impact of normalisation of custom duty cut. The company’s consolidated revenues from sale of products and services increased 26% to ₹13,473 crore in over ₹10,708 crore in the …

Titan Q2 Results: Net profit falls 23% to ₹704 crore; revenue rises 25.8% YoY
1 month, 2 weeks ago

Titan Q2 Results: Net profit falls 23% to ₹704 crore; revenue rises 25.8% YoY

Live Mint  

Titan Company Ltd announced its July to September quarter results on Tuesday, November 5. The company recorded a 23 per cent fall in net profits to ₹ ₹704 crore in the second quarter of the financial year 2024-25, compared to ₹916 crore in the same quarter the previous year, according to the company's BSE filing. The company's revenue from core …

Titan share price gains ahead of Q2 results today; profit could fall 27% YoY on one-time exceptional charge
1 month, 2 weeks ago

Titan share price gains ahead of Q2 results today; profit could fall 27% YoY on one-time exceptional charge

Live Mint  

Titan share price gained over a percent in early trade on Tuesday, November 5, as the company will announce its Q2 results today. According to estimates by Kotak Institutional Equities, Titan Company is expected to report around a 27% YoY drop in its Q2FY25 net profit due to a one-time exceptional charge. The company’s revenue during the July-September quarter is …

Titan Slips 4% After Weak Q1 Update Leads To Target Price Cuts; Here's What Analysts Say
5 months, 2 weeks ago

Titan Slips 4% After Weak Q1 Update Leads To Target Price Cuts; Here's What Analysts Say

News 18  

Titan Share Price Today: Shares of Titan Company dipped 4 per cent to Rs 3,138.10 on the BSE in Monday’s intra-day trade after the company reported a disappointing growth in jewelry business for the April-June quarter of the financial year 2024-25. Brokerage firm JPMorgan downgraded Titan Co. Ltd. to “neutral” from its earlier rating of “overweight,” after the company’s June …

Tata Motors Share Price today: Gains 4% to reach 52-week high. Here's why
9 months, 2 weeks ago

Tata Motors Share Price today: Gains 4% to reach 52-week high. Here's why

Hindustan Times  

Tata Motors Share Price: Tata Motors shares gained 4 per cent hitting 52-week high of ₹1,027 today. Global brokerage firm JP Morgan assigned an "overweight" rating to Tata Motors share and a price target of ₹1,000 as it praised the company's decision to demerge the business saying that it reflects confidence in the personal vehicle segment being self-sustaining. This could …

Titan share price gains about 2%. Should you buy, sell or hold the stock?
1 year, 1 month ago

Titan share price gains about 2%. Should you buy, sell or hold the stock?

Live Mint  

Titan Company share price opened with gains of almost 2% on on the BSE on Monday after it reported a better-than-expected September performance led by margins beat. Titan reported net profit came 8% higher than Bloomberg consensus estimates with 19.1% jewellery growth, said analysts at CLSA. Factoring in the performance, they have increased their earning per share estimates for FY24 …

Titan Acquires Additional 27.18% Stake In CaratLane; What It Means For Investors?
1 year, 4 months ago

Titan Acquires Additional 27.18% Stake In CaratLane; What It Means For Investors?

News 18  

Titan Company shares rose nearly a per cent in early trade on Monday, August 21, after the company last week announced the acquisition of an additional 27.18 per cent stake in its subsidiary CaratLane for Rs 4,621 crore, thereby taking its total holding to 98.28 per cent. Brokerage firm Macquarie has assigned a ‘outperform’ rating to the Titan stock with …

Bajaj Finance share price rises over 2% after Q1 results; should you buy it?
1 year, 4 months ago

Bajaj Finance share price rises over 2% after Q1 results; should you buy it?

Live Mint  

Shares of Bajaj Finance climbed over 2 per cent in early deals on BSE on Thursday a day after the company reported its June quarter scorecard. Brokerage firm Motilal Oswal Financial Services maintained a buy call on Bajaj Finance stock with a target price of ₹8,800, implying an 18 per cent upside. "Bajaj Finance’s Q1FY24 reported PAT jumped 32 per …

Titan shares at a new 52-week high on strong Q1 business update
1 year, 5 months ago

Titan shares at a new 52-week high on strong Q1 business update

Live Mint  

Shares of jewellery and watches maker Titan Company rallied over 3% on Friday after the company reported revenue growth of 20% in the first quarter of fiscal 2024 on the back of robust all-round performance. Titan Company said it registered a 20% year-on-year revenue growth with all key consumer businesses exhibiting double-digit growth for the April-June quarter of the current …

Buy or sell: Titan share price jumps after better-than-expected Q4 results
1 year, 7 months ago

Buy or sell: Titan share price jumps after better-than-expected Q4 results

Live Mint  

Buy or sell stock for today: After better-than-expected Q4 results announced on Wednesday, Titan Company shares have been witnessing buying interest among stock market bulls. According to stock market experts, Titan share price is looking positive on chart pattern and after strong Q4 results, this Rekha Jhunjhunwala portfolio stock is expected to pick momentum in near term and hit ₹2,800 …

This Market Heavyweight Stock Has Given 169% Return In Last 5 Years
1 year, 8 months ago

This Market Heavyweight Stock Has Given 169% Return In Last 5 Years

News 18  

Titan Company Ltd stock has given tremendous returns to its investors in the past three years, increasing their money by more than two times in the period. Titan is a heavyweight stock on the Indian bourses with a market capitalisation of nearly Rs 2.29 lakh crore on the Bombay Stock Exchange. This favourite stock of the Indian stock market’s iconic …

Titan shares gain 3% as JPMorgan stays ’overweight’, expects 25% upside
1 year, 9 months ago

Titan shares gain 3% as JPMorgan stays ’overweight’, expects 25% upside

Live Mint  

Shares of Titan Company Ltd surged nearly 3 per cent in the opening session on Thursday after global brokerage firm JPMorgan maintained an "overweight" stance on the stock. The global research firm expects the Tata group stock to hit a target of ₹3,000 per share, suggesting a 25 per cent upside potential from the current market price. “Our recent meetings …

Titan Company Q3 Net Profit Slips 9.78% to Rs 913 Crore
1 year, 10 months ago

Titan Company Q3 Net Profit Slips 9.78% to Rs 913 Crore

News 18  

Tata group firm Titan Company Ltd on Thursday reported a 9.78 per cent decline in consolidated net profit to Rs 913 crore for the third quarter ended December 2022, impacted by higher expenses. The company had posted a consolidated net profit of Rs 1,012 crore in the same quarter last fiscal, Titan Company Ltd said in a regulatory filing. The …

Titan Q3 net profit falls 3.7%; stock slips nearly 2%
1 year, 10 months ago

Titan Q3 net profit falls 3.7%; stock slips nearly 2%

Live Mint  

Tata group's flagship company Titan Company Ltd reported double digit revenue growth during the December quarter, driven by healthy consumer demand during the festive season. The company reported a standalone net profit of ₹951 crore for third quarter, which is a decline of 3.7% over previous year period of ₹987 crore. The jewellery division witnessed a total income of ₹9,518 …

Titan Company Jumps 8% After Sales Nearly Triple in Q1; Should you Buy, Sell or Hold?
2 years, 5 months ago

Titan Company Jumps 8% After Sales Nearly Triple in Q1; Should you Buy, Sell or Hold?

News 18  

Titan Share Price: Titan Company’s stock price zoomed 8 per cent to Rs 2,170.95 on the BSE in Thursday’s intra-day trade after the company said its total sales in the first quarter of fiscal 2022-23 grew 205 per cent year-on-year led by strong wedding demand and a low base. Kotak Securities, taking note of the robust growth in Titan’s business …

Titan shares decline over 5% on weak Q1 earnings
4 years, 4 months ago

Titan shares decline over 5% on weak Q1 earnings

Live Mint  

Stock of Titan Company Ltd fell more than 5% in early trade on Tuesday after the company reported a consolidated net loss of Rs297 crore for the first quarter ended 30 June of the fiscal year 2020-21. Total income of the Tata group-owned company during the June quarter declined 61.21% to Rs2,020 crore as compared to Rs5,208 crore a year …

Titan loses sheen as Street wakes up to reality of weak Q1 earnings
4 years, 4 months ago

Titan loses sheen as Street wakes up to reality of weak Q1 earnings

Live Mint  

The Titan Co. Ltd stock lost some more of its shine after reporting lacklustre results for the June quarter. Total operating revenue declined by 62% year-on-year to ₹1,862 crore, primarily due to a 71% drop in Titan’s mainstay jewellery business. “The management is not as sanguine about a quick recovery in the jewellery business; down-trading and price competition from local …

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