Bolstered by better-than-estimated September quarter earnings last week, shares of Titan Company found a favourable review from a clutch of top brokerages. While CLSA upgraded the stock to buy and revised its price targets upwards on the company’s knack for finding buyers with spending ability, HSBC reinforced its stance on strong Q2 earnings. Among domestic … Read more
Shares of rallied over 5% to Rs 2,424.5 in Friday’s intraday trade on BSE. The company reported a net profit of Rs 951 crore for the December quarter, down 4% YoY. It was Rs 987 crore in the corresponding quarter of last year. Its sales during the quarter rose 11% to Rs 10,444 crore, compared … Read more
Mumbai: Shares of , one of the Tata Group‘s flagship firms that makes and markets jewellery and watches under a wide bouquet of lifestyle products, surged more than 5% on Friday after its second quarter business update took the Street by surprise, leading to fresh bullish bets on the stock. The stock closed at Rs … Read more
reported a healthy set of quarterly results, especially on the Ebitda front, triggering a 3-4 per cent upgrade in estimates for FY23 earnings per share, and also upward revisions in the price targets, as analysts feel the Tata group company deserves premium valuations over its historical averages. For , Titan’s numbers were exceptional, with an … Read more
NEW DELHI: Seasoned investor Rakesh Jhunjhunwala on Thursday made over Rs 600 crore in intraday gains on notionally, as a business update by the Tata group company, his biggest stock bet, received thumbs up from analysts and Dalal Street investors. Within a few minutes into trading, shares of were trading 6.86 per cent higher at … Read more