3327.3000 -51.20 (-1.52%)
NSE Sep 26, 2025 15:31 PM
Volume: 7.5M
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3327.30
-1.52%
Sharekhan
Titan Company's (Titan) Q2FY2020 performance was affected by spike in gold prices during June, which affected jewellery sales in July. Consolidated revenue grew by just 2% to Rs. 4,600.7 crore, with revenue of the jewellery business declining by 2%, watches business revenue growing by 6% and eyewear business revenue growing by 28.5%. Revenue of the jewellery business included hedging impact of Rs. 120 crore, as the company purchased gold before spike in prices , which was hedged at lower price. Though customers were billed at transaction day gold rates, which were...
Titan Company Ltd. has an average target of 3811.83 from 6 brokers.
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