Titan Share Price Today: Jewellery stock falls nearly 6% post Q1 update - Details here

Titan Share Price Today: Jewellery stock falls nearly 6% post Q1 update - Details here

Titan Share Price Today: Jewellery stock falls nearly 6% post Q1 update - Details here

Titan Sales Rise Despite High Gold Prices

Titan Company’s sales grew in the first fiscal quarter, even as gold prices tempered demand.  Revenue from the company’s jewelry category, which comprises Tanishq, Mia and CaratLane, increased 18% year on year for the three months that ended June 30, the India-based jeweler said Monday. That compares to a 9% rise for jewelry in the same period a year earlier.  The period around Akshaya Tritiya, which took place on April 30 and is an auspicious t…

Titan Shares Plunge: Jhunjhunwala Family Loses Rs 900 Crore as Tata Stock Hits 52-Week Low

Titan Company Ltd, the Tata Group's jewelry and watches flagship, delivered a harsh blow to the Jhunjhunwala family's investment portfolio as shares plummeted to their 52-week low of Rs 2,996.05 on Wednesday. The stock's dramatic fall has resulted in an estimated loss of Rs 900 crore to the family's holdings, highlighting the current market turbulence affecting even the most established blue-chip stocks.The late investor Rakesh Jhunjhunwala's wi…