Titan shares slump 5.5% post Q1 update; Rs 900 cr knocked off...

Dununu.com Dununu

Gesponsert

Titan shares slump 5.5% post Q1 update; Rs 900 cr knocked off Jhunjhunwalas’ portfolio

RSS Feed Business

Posted

53

Titan Company's shares plummeted 5.5% after Q1 business update disappointed analysts, impacting the Jhunjhunwala family's portfolio. Core jewellery segment growth was lower than expected due to surging gold prices affecting consumer sentiment. Brokerages turned cautious amid competition, while Titan focuses on strategies to attract customers despite modest growth.

Read Full Article

Please log in to like, share and comment!

India abstains as UN votes for end to ‘repressive’ Taliban policies

Von 0 0

'Had to come out alive': Himachal woman survives 5 hours under landslide debris

Von 0 0

Watch: SpaceX launches Starlink mission from Cape Canaveral; 28 more broadband satellites added to low-Earth orbit

SpaceX successfully launched the Starlink 10-28 mission on Tuesday, deploying 28 broadband...

Von 0 1

Fish Venkat’s family says Prabhas never offered Rs 50 lakh aid

Veteran Telugu actor Fish Venkat, known for his comic roles in numerous films, remains...

Von 0 10

Didn't ask for blocking of Reuters handle, says government as X cries 'censorship'

Von 0 14