ResultsEconomic Times
Titan shares drop 3% after Q2 profit jump
Negative-12Company event
GreyOak summary
Titan Company shares fell 3% to Rs 4,697 after reporting a 54% year-on-year rise in consolidated net profit to Rs 1,722 crore for the September quarter. Revenue excluding bullion grew 25% to Rs 20,533 crore, driven by robust demand in jewellery and watches despite a shifted festive calendar.
What it affects
- Titan CompanyTITANNegative -12
Shares fell 3% despite strong Q2 profit growth.Rolling sentiment Positive +53
Source
Read the original at Economic TimesMore Titan Company news
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