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Titan Share Price: Titan s shares plummeted by nearly 7% as it reported a 7% YoY increase in standalone net profit at Rs 786 crore. Despite a 17% YoY growth in net sales to Rs 10,047 crore and a dividend recommendation of Rs 11 per share for FY24, EBIT margins dipped. ....
The businesses like eyecare in the last few months have really picked up and we are very bullish on those as well. Taneira continues to do well, international business is doing well. So, from a growth side, everything is really doing well and we just need to execute to generate the profit growth. We are all committed to that and we will know when the results actually come out, of course. ....
Aditya Birla Group s jewellery business, Novel Jewels Ltd, will start operations in July with an investment of Rs. 5000 crore. The company aims to establish large-format exclusive jewellery retail stores across India, creating an aspirational national brand with unique designs and a strong regional flavour. ....
Aditya Birla Group s jewellery business, Novel Jewels Ltd, will start operations in July with an investment of Rs. 5000 crore. The company aims to establish large-format exclusive jewellery retail stores across India, creating an aspirational national brand with unique designs and a strong regional flavour. ....
The survey indicated a growth in high-value products, with jewellery businesses benefiting from higher gold prices and increased demand during the latter part of November due to the wedding season. ....