Titan's Stock Surges Over 6 Per Cent After Company Clocks 205 Per Cent Jump In Sales In Q1
2 years, 6 months ago

Titan's Stock Surges Over 6 Per Cent After Company Clocks 205 Per Cent Jump In Sales In Q1

ABP News  

Titan Company’s stock price zoomed over 6 per cent in early trade on Thursday after the company clocked strong sales numbers across the segments for first quarter of FY23 ended June 30. The company said that Titan’s first quarter sales rose 205 per cent year-on-year on a low base and clocked three-year CAGR of 20.5 per cent over Q1FY20, the only non-disrupted first quarter in the past three years, while adding that the network expansion and campaigns continued to progress well throughout the quarter. According to the exchange filing, Titan's jewellery sales during the first quarter surged by 207 per cent as compared to the year-ago period. According to Titan, the sale of watches and wearables climbed by 158 per cent in Q1FY23, clocking the "highest ever quarterly revenue.” Titan's 'EyeCare Division' posted growth of 176 per cent YoY, which was led by retain chain store, Titan Eye Plus and trade and distribution channels.

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History of this topic

Rekha Jhunjhunwala portfolio: Titan share price jumps after reporting 24% YoY growth in Q3FY25
1 week, 2 days ago

Rekha Jhunjhunwala portfolio: Titan share price jumps after reporting 24% YoY growth in Q3FY25

Live Mint  

Shares of Titan Company Ltd. surged more than 2 per cent during morning trades, emerging as the top performer on the Nifty 50 index, following the company's 24 per cent year-on-year growth in the quarter ending December. During the October-December quarter, Titan's jewelry business experienced approximately 26 per cent year-on-year growth, driven by strong festive demand. Caratlane achieved a 25 …

Stock Check: Titan share price down 17% in 2 months; will the wedding season boost this Nifty stock?
1 month, 3 weeks ago

Stock Check: Titan share price down 17% in 2 months; will the wedding season boost this Nifty stock?

Live Mint  

Titan Company is currently navigating a challenging period, with its stock down 17% over the past two months, driven by weaker-than-expected Q2 earnings and shrinking profit margins. Stock Price Trend Titan has lost 5 per cent in the last one year and over 11 per cent in 2024 so far. Earnings Overview Titan Company Ltd reported its financial results for …

Titan faces pressure in solitaire
2 months, 1 week ago

Titan faces pressure in solitaire

Live Mint  

MUMBAI : Titan Co. Ltd’s jewellery business revenue growth of 26% year-on-year for the September quarter, excluding bullion sales, was propelled by a reduction in custom duty to 6% from 15%. “The current state of flux that is weighing on consumer sentiment for solitaires could gradually impact the non-solitaire segment as well," they said in a report on 6 November, …

Titan Company Q2 Results Live: Profit Falls by 23.06% YoY
2 months, 1 week 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?
2 months, 1 week 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
2 months, 1 week 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
2 months, 1 week 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
2 months, 1 week 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 …

Timeless Growth: Titan Sees 25% CAGR in Luxury Watch Sales With Helios
5 months ago

Timeless Growth: Titan Sees 25% CAGR in Luxury Watch Sales With Helios

Deccan Chronicle  

Hyderabad: Hyderabad’s Helios chain from Titan Company Ltd, is broadening its market scope in Telangana through the opening of seven new stores. Shukla said, “We are excited about the growth prospects in India, and we are committed to offering our consumers the best possible experience.” Titan Company Ltd has a strong presence in South India, with Hyderabad being one of …

Titan Slips 4% After Weak Q1 Update Leads To Target Price Cuts; Here's What Analysts Say
6 months, 1 week 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 …

Titan share price gains about 2%. Should you buy, sell or hold the stock?
1 year, 2 months 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 shares fall 3% after Q1 results; experts flag these concerns
1 year, 5 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 …

Titan shares at a new 52-week high on strong Q1 business update
1 year, 6 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 …

Titan’s ethnic wear brand to double stores in 3 years
1 year, 6 months ago

Titan’s ethnic wear brand to double stores in 3 years

Live Mint  

Mumbai: Taneira, the women’s ethnic wear brand from the house of Tata, has set an ambitious target of more than double its store count in India in the next three years and achieve a 6X revenue growth. Ambuj Narayan, chief executive of Taneira told Mint the company wants to be a ₹1,000 crore brand by FY27 and the leader in …

Buy or sell: Titan share price jumps after better-than-expected Q4 results
1 year, 8 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, 11 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, 11 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 sparkles, but stock remains pricey
2 years, 2 months ago

Titan sparkles, but stock remains pricey

Live Mint  

Titan Co. Ltd’s September quarter results have many bright spots. Standalone earnings before interest and tax margin of Titan’s mainstay jewellery business was 15.3% last quarter, clocking about 180 basis points increase, sequentially. View Full Image At a high Tweak in IBC to turn sick firms around faster Adani plans retail bond sale worth ₹2,000 crore What gives TVS an …

Titan's Q2 Result: Profit After Tax Jumps 33% To Rs 857 Crore, Revenue Up 21%
2 years, 2 months ago

Titan's Q2 Result: Profit After Tax Jumps 33% To Rs 857 Crore, Revenue Up 21%

News 18  

Tata group company Titan on Friday posted a 33 per cent jump in its standalone profit after tax to Rs 857 crore for the September 2022 quarter. Titan’s standalone revenue jumped 21.8 per cent y-o-y to Rs 8,730 crore in the September 2022 quarter, compared with Rs 7,170 crore in the year-ago quarter. Its Ebitda during the September 2022 quarter …

Titan Company Jumps 8% After Sales Nearly Triple in Q1; Should you Buy, Sell or Hold?
2 years, 6 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 …

Rakesh Jhunjhunwala Stockholding: Titan Co Finishes March 2022 Quarter 'On Satisfactory Note'
2 years, 9 months ago

Rakesh Jhunjhunwala Stockholding: Titan Co Finishes March 2022 Quarter 'On Satisfactory Note'

News 18  

Tata group company Titan on Wednesday said it has finished the March 2022 quarter “on a satisfactory note” despite the Omicron wave impact and global uncertainties. The company’s revenue from the segment rose four per cent year-on-year in the March 2022 quarter on the back of strong Q4 FY21 base. “Though the plain jewellery category bore the brunt of gold …

Titan Q2 results: NET PTOFI
3 years, 2 months ago

Titan Q2 results: NET PTOFI

Live Mint  

Titan Company on Wednesday reported a consolidated net profit of ₹641 crore, a growth of 270%, for the second quarter ended 30 September, 2021. The watches-and-wearables business recorded an income of ₹687 crore with 72 per cent growth in Q2 FY22 compared to ₹400 crore in Q2 FY21. The eyewear business recorded an income of ₹160 crore with 70 per …

Titan’s return to growth in Q3 fails to add lustre to its stock valuations
3 years, 11 months ago

Titan’s return to growth in Q3 fails to add lustre to its stock valuations

Live Mint  

Sales growth is back at Titan Co. Ltd. The jewellery retailer’s standalone operating revenues for the December quarter rose by 12% year-on-year. Titan derives a lion’s share of its revenues from the jewellery business, which understandably suffered a setback owing to the covid-19 restrictions in previous quarters. In the December quarter, jewellery revenues excluding bullion grew 16% y-o-y, boosting overall …

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

Titan Q3 FY18-19 profit jumped over 45%, revenue grew 35.35%
5 years, 11 months ago

Titan Q3 FY18-19 profit jumped over 45%, revenue grew 35.35%

Live Mint  

Watches and accessories maker Titan Co Ltd’s net profit jumped 45.97% while revenue increased 35.35% in the third quarter, mainly due to a strong festive season that boosted demand for all its product categories, led by jewellery. Consolidated net profit grew to Rs411.09 crore during the October-December quarter of 2018-19 from Rs281.61 crore during the same period last year. “The …

Titan’s pre-quarterly update for Q3 brings cheer for investors
6 years ago

Titan’s pre-quarterly update for Q3 brings cheer for investors

Live Mint  

Titan Co. Ltd’s pre-quarterly update for the December quarter brought cheers for investors. This is good news considering that the performance of Titan’s mainstay jewellery business hasn’t been particularly impressive for the first two quarters of FY19. To be sure, management comments regarding this year’s festival season were upbeat during its September quarter earnings call. “The Dussehra, Diwali season performance …

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