Page 5 - Titan

Titan defers launch of jewellery collections, expects demand to be muted

Company says Covid-19 situation to adversely affect profitability during the first half of this year

Rakesh Jhunjhunwala cuts stake in Titan, Lupin, Escorts in March quarter

Currently, Rakesh Jhunjhunwala and his family's net worth in listed companies stands at Rs 8,517 crore, compared to Rs 8,388 crore as on March 31, 2020.

Stock ideas from Anand Rathi's Nilesh Jain: Buy Titan, LIC Housing Finance

Titan's stock has formed a short-term base and also given a breakout from a falling wedge pattern on the hourly chart

Titan sees sharp Covid-19 impact on Q4 revenue; eyewear segment drops 20%

Jewellery division revenue dips 5%; watches division sees flat growth

Meet Bhaskar Bhat, the disruptor MD who pushed the frontiers of Titan

The credit for Titan's success goes to former managing director Bhaskar Bhat, who has won the Business Standard CEO of the Year award for the second time in seven years

As consumption soars, brands scour the sound cloud for a premium pitch

As consumption of wearables soars in the country, brands look at ways to build premium niches in the growing mass market for audio devices

FMCG firms see slow demand revival as growth triggers remain weak

According to experts, discretio­nary businesses like food services and jewellery continue to have a greater presence in urban areas versus rural areas, where consumption slowdown has been pronounced.

Fastrack set to jump into smart eyewear market with audio sunglasses

The eyewear will have inbuilt Bluetooth speakers through which a user would be able to manage calls and music on the go. Called Fastrack Vibe, the product will be available in two variants.

Titan bets big on building in-house tech; acqui-hires HUG Innovations

The 23-member team of HUG Innovations including its founder Raj Neravati will be part of Titan's Hyderabad development centre

Titan's jewellery business braves economic slowdown storm in Q3

Better jewellery product mix led to sales rise, gold price trend will be key hereon

Titan pays Rs 25 crore to ex-MD Bhaskar Bhat as special retirement benefit

The Tata Group JV saw an increase of almost Rs 77 crore in the employee benefits expenses for the quarter

Market Wrap, Feb 4: Sensex skyrockets 917 pts, Nifty nears 12K

Barring HUL and Bajaj Auto, rest 28 stocks in the 30-share Sensex index ended in the green

Gold price, valuation hurdle for Titan stock; firm outperforms market

Adjusting for a large institutional order in the year-ago quarter, retail growth has been much higher than expectations at 15%

Titan says December sales in North East, other areas hit by CAA protests

Thousands of people held protests against Citizenship Amendment Act (CAA) and National Register of Citizens (NRC) in various parts of the country

Titan's range of Fastrack fragrances to have a whiff of mass appeal

Considering the popularity of the brand, Titan hopes that these new set of fragrances will catch on with the young consumers across the country

Titan spreads the net, enables 'reserve-online-and-pick-up' at store

Keeping with time, the Tata Group company had piloted this strategy at five of its flagship Bengaluru stores for three months

Titan eyes Lion's share in smartwatches space with R&D and acquisitions

The Bengaluru-headquartered company has now created a separate vertical to up its game in the smart watches category

Titan enters affordable smartwatches with new variants from Sonata brand

Company claims these are the cheapest hybrid smartwatches in the country; will be available at Titan stores and e-commerce websites such as Amazon and Flipkart

Titan plunges 10% on disappointing Q2 nos, cut in H2FY20 revenue guidance

Profit before tax (PBT) stood at Rs 429 crore, down 3.7 per cent year-on-year (YoY) and net profit was up just 1.8 per cent YoY to Rs 320 crore.

High gold prices, soft jewellery demand weigh on Titan's Q2 performance

Topline was flat aided by higher gold prices amidst 14% fall in volumes, PBT was down 3.7%; stock could see some pressure