logo
#

Latest news with #TitanCompanyLtd

Top Q1 results today, August 7: LIC, Titan, BSE, Godrej Consumer Products, NBCC and more to announce earnings
Top Q1 results today, August 7: LIC, Titan, BSE, Godrej Consumer Products, NBCC and more to announce earnings

Business Upturn

time6 days ago

  • Business
  • Business Upturn

Top Q1 results today, August 7: LIC, Titan, BSE, Godrej Consumer Products, NBCC and more to announce earnings

By Aman Shukla Published on August 7, 2025, 07:58 IST Several major Indian companies are scheduled to release their financial results for the first quarter of FY26 on Thursday, August 7, 2025. The earnings reports will provide insight into their performance during the April–June 2025 period. Among the most closely watched results will be from Life Insurance Corporation of India (LIC), Titan Company Ltd, BSE Ltd, and Godrej Consumer Products Ltd, all of which are set to report their Q1 FY26 numbers on the same day. List of Companies Announcing Q1 FY26 Results on August 7: Life Insurance Corporation of India Ltd (LIC) Titan Company Ltd Solar Industries India Ltd Godrej Consumer Products Ltd Cummins India Ltd BSE Ltd Hindustan Petroleum Corporation Ltd (HPCL) General Insurance Corporation of India Ltd (GIC Re) Kalyan Jewellers India Ltd Linde India Ltd Page Industries Ltd Max Financial Services Ltd Biocon Ltd Global Health Ltd 3M India Ltd National Aluminium Company Ltd (NALCO) NLC India Ltd Metro Brands Ltd NBCC (India) Ltd Apollo Tyres Ltd The Ramco Cements Ltd Aegis Vopak Terminals Ltd Emcure Pharmaceuticals Ltd Aegis Logistics Ltd Schneider Electric Infrastructure Ltd Sun TV Network Ltd Crompton Greaves Consumer Electricals Ltd Kalpataru Projects International Ltd Carborundum Universal Ltd Century Plyboards Ltd Sai Life Sciences Ltd SignatureGlobal India Ltd Caplin Point Laboratories Ltd Data Patterns (India) Ltd KSB Ltd Birlasoft Ltd Metropolis Healthcare Ltd India Shelter Finance Corporation Ltd MMTC Ltd C.E. Info Systems (MapmyIndia) Ltd Edelweiss Financial Services Ltd KRBL Ltd Gujarat State Fertilizers & Chemicals Ltd (GSFC) Varroc Engineering Ltd Lumax Auto Technologies Ltd FDC Ltd Prism Johnson Ltd Balu Forge Industries Ltd Bajaj Electricals Ltd Shree Renuka Sugars Ltd Pearl Global Industries Ltd GMM Pfaudler Ltd Axiscades Technologies Ltd Indigo Paints Ltd Quality Power Electrical Equipments Ltd Greenlam Industries Ltd Subros Ltd India Glycols Ltd PTC India Ltd Innova Captab Ltd Rategain Travel Technologies Ltd Hindustan Construction Company Ltd (HCC) Dynamatic Technologies Ltd Sanathan Textiles Ltd Medi Assist Healthcare Services Ltd Hikal Ltd Interarch Building Solutions Ltd Pitti Engineering Ltd Kewal Kiran Clothing Ltd Jash Engineering Ltd Navneet Education Ltd Ram Ratna Wires Ltd DCX Systems Ltd IOL Chemicals and Pharmaceuticals Ltd Sandhar Technologies Ltd Savita Oil Technologies Ltd NRB Bearings Ltd Kilburn Engineering Ltd India Pesticides Ltd Repco Home Finance Ltd Igarashi Motors Ltd GTL Infrastructure Ltd Divgi Torqtransfer Systems Ltd D-Link India Ltd Talbros Automotive Components Ltd JNK India Ltd Apollo Pipes Ltd Shanti Educational Initiatives Ltd Quick Heal Technologies Ltd Godavari Biorefineries Ltd Alicon Castalloy Ltd Atul Auto Ltd Panorama Studios International Ltd ICE Make Refrigeration Ltd Arisinfra Solutions Ltd Balaji Telefilms Ltd Oswal Agro Mills Ltd Sterling Tools Ltd Best Agrolife Ltd Oswal Chemicals and Fertilisers Ltd Abans Financial Services Ltd Gulshan Polyols Ltd Lincoln Pharmaceuticals Ltd Aryaman Financial Services Ltd Elin Electronics Ltd Transindia Real Estate Ltd SAR Auto Products Ltd NBI Industrial Finance Company Ltd VLS Finance Ltd Dwarikesh Sugar Industries Ltd Visaka Industries Ltd A.K. Capital Services Ltd DMCC Speciality Chemicals Ltd Uni Abex Alloy Products Ltd Dreamfolks Services Ltd Sutlej Textiles and Industries Ltd Mindteck (India) Ltd Tracxn Technologies Ltd Pyramid Technoplast Ltd Euro India Fresh Foods Ltd Bella Casa Fashion & Retail Ltd PTL Enterprises Ltd Birla Cable Ltd WS Industries Ltd Ahmedabad Plane Crash BSEGodrej Consumer ProductsLICNBCCQ1 resultsTitan Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

Titan to acquire 67% stake in Gulf retailer Damas Jewellery for $283 million
Titan to acquire 67% stake in Gulf retailer Damas Jewellery for $283 million

Economic Times

time21-07-2025

  • Business
  • Economic Times

Titan to acquire 67% stake in Gulf retailer Damas Jewellery for $283 million

Titan Company Ltd, through its wholly owned subsidiary Titan Holdings International FZCO, has entered into a definitive agreement to acquire a 67% stake in Damas LLC, the holding company for the Damas Jewellery business in the Gulf Cooperation Council (GCC) region, from Mannai Corporation. ADVERTISEMENT The transaction, pegged at an enterprise value of AED 1,038 million ($283 million), will give Titan a significant presence across the six GCC countries, UAE, Saudi Arabia, Qatar, Oman, Kuwait, and Bahrain, as the Indian jewellery major looks to expand its international footprint. ET had first reported about the impending deal in May this year. Under the agreement, as informed on exchanges, Titan Holdings will acquire 67% of the equity and voting rights in Damas LLC. The remaining 33% stake, currently held by Mannai, will be available for purchase by Titan after December 31, 2029, subject to mutually agreed conditions. The transaction will be funded through a mix of debt, internal accruals, and existing cash reserves. Completion of the deal is subject to customary closing conditions, including regulatory approvals in certain jurisdictions. ADVERTISEMENT Titan said the acquisition is a strategic step to accelerate its jewellery business in the region, given the strong economic momentum and rising demand for differentiated, high-quality products rooted in regional design and cultural relevance. Founded in 1907 and headquartered in Dubai, Damas is among the oldest and most prominent jewellery retailers in the Middle East, with a store network of 146 outlets across the GCC. The brand is known for blending Arabic aesthetics, including architecture and script-inspired motifs, with modern design sensibilities, catering to affluent local and expatriate customers. ADVERTISEMENT Titan confirmed that Damas' Graff monobrand franchisee business will be discontinued before the transaction is completed. (You can now subscribe to our Economic Times WhatsApp channel)

Fusion Finance Ltd Partly Paidup leads losers in 'A' group
Fusion Finance Ltd Partly Paidup leads losers in 'A' group

Business Standard

time08-07-2025

  • Business
  • Business Standard

Fusion Finance Ltd Partly Paidup leads losers in 'A' group

Titan Company Ltd, Kirloskar Brothers Ltd, Galaxy Surfactants Ltd and Angel One Ltd are among the other losers in the BSE's 'A' group today, 08 July 2025. Titan Company Ltd, Kirloskar Brothers Ltd, Galaxy Surfactants Ltd and Angel One Ltd are among the other losers in the BSE's 'A' group today, 08 July 2025. Fusion Finance Ltd Partly Paidup crashed 6.48% to Rs 114 at 14:45 stock was the biggest loser in the BSE's 'A' the BSE, 1088 shares were traded on the counter so far as against the average daily volumes of 9179 shares in the past one month. Titan Company Ltd tumbled 5.97% to Rs 3447.9. The stock was the second biggest loser in 'A' the BSE, 1.38 lakh shares were traded on the counter so far as against the average daily volumes of 28425 shares in the past one month. Kirloskar Brothers Ltd lost 4.86% to Rs 2210.8. The stock was the third biggest loser in 'A' the BSE, 27012 shares were traded on the counter so far as against the average daily volumes of 59459 shares in the past one month. Galaxy Surfactants Ltd shed 4.13% to Rs 2487.35. The stock was the fourth biggest loser in 'A' the BSE, 1605 shares were traded on the counter so far as against the average daily volumes of 1429 shares in the past one month. Angel One Ltd fell 4.02% to Rs 2680.75. The stock was the fifth biggest loser in 'A' the BSE, 96787 shares were traded on the counter so far as against the average daily volumes of 53983 shares in the past one month.

Titan Company Ltd Slides 4.78%
Titan Company Ltd Slides 4.78%

Business Standard

time08-07-2025

  • Business
  • Business Standard

Titan Company Ltd Slides 4.78%

Titan Company Ltd has lost 1.95% over last one month compared to 3.74% gain in BSE Consumer Durables index and 1.46% rise in the SENSEX Titan Company Ltd fell 4.78% today to trade at Rs 3491.6. The BSE Consumer Durables index is down 0.76% to quote at 60581.67. The index is up 3.74 % over last one month. Among the other constituents of the index, Kalyan Jewellers India Ltd decreased 1.02% and Blue Star Ltd lost 0.68% on the day. The BSE Consumer Durables index went up 4.74 % over last one year compared to the 4.29% surge in benchmark SENSEX. Titan Company Ltd has lost 1.95% over last one month compared to 3.74% gain in BSE Consumer Durables index and 1.46% rise in the SENSEX. On the BSE, 21361 shares were traded in the counter so far compared with average daily volumes of 27804 shares in the past one month. The stock hit a record high of Rs 3866.15 on 30 Sep 2024. The stock hit a 52-week low of Rs 2947.55 on 07 Apr 2025.

Titan shares sink nearly 5% as jewellery growth disappoints in Q1, brokerages cautious
Titan shares sink nearly 5% as jewellery growth disappoints in Q1, brokerages cautious

Business Upturn

time08-07-2025

  • Business
  • Business Upturn

Titan shares sink nearly 5% as jewellery growth disappoints in Q1, brokerages cautious

By Aditya Bhagchandani Published on July 8, 2025, 09:22 IST Shares of Titan Company Ltd plunged by nearly 5% to ₹3,496.70 on Tuesday, July 8, after the company's Q1 business update left investors and analysts disappointed, particularly on the jewellery segment performance. The stock fell sharply from its previous close of ₹3,666.10, marking a loss of ₹169.40 and wiping out a significant portion of its recent gains. During the quarter, Titan added 10 new stores, taking its domestic retail network to 3,322 outlets. Overall domestic business grew by 19% year-on-year (YoY), led by 23% growth in the watches segment and an impressive 38% surge in CaratLane. However, the key jewellery division — which includes brands like Tanishq, Mia, and Zoya — registered only an 18% YoY growth, with the core Tanishq-Mia-Zoya (TMZ) brands growing just 17%. On the international front, Titan delivered a robust 49% YoY growth, adding one new store to bring its overseas count to 31 stores. Brokerages reacted to the update with caution. Morgan Stanley maintained its 'overweight' rating but termed the jewellery growth a 'big miss,' keeping its price target at ₹3,876 per share. Domestic brokerage Emkay Global was more critical, highlighting the slowdown in jewellery sales compared to previous trends of ~25% growth. 'Street's expectation of a high-teen jewellery growth for FY26 at stable margins is at risk,' Emkay noted, pointing to weaker footfalls, subdued high-margin studded jewellery sales, and a strong base in Q2/Q3FY25 due to earlier customs duty cuts. Emkay reiterated its 'reduce' call on Titan stock, with a price target of ₹3,350. The company's P/E ratio currently stands at 92.91 with a market capitalization of ₹3.10 trillion. Titan's dividend yield is modest at 0.31%, reflecting its growth-oriented strategy. As investors digest these numbers and recalibrate expectations, Titan's performance in upcoming quarters — particularly its ability to revive jewellery sales momentum — will be closely watched. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store