Rising gold costs have led to elevated curiosity amongst prospects: Titan CEO

Rising gold costs have led to a rise in curiosity amongst prospects for the yellow steel, mentioned Ajoy Chawla, CEO- Jewelry Division of Titan Firm Restricted that sells gold and jewelry below the model Tanishq “Within the first quarter, i.e. from April-June 2024, the gold costs have jumped 20 p.c in comparison with the identical interval final … Read more

Movers & Shakers: Shares that can see motion this week

Financial institution of India (₹125.8) Buying and selling close to a help Financial institution of India’s inventory was range-bound because the starting of the yr. However in mid-Could, it slipped under the decrease boundary of ₹125. Whereas the worth fell put up this, the pattern has probably not turned bearish as there are essential helps which … Read more

Why Titan share value fell 7 per cent after earnings launch

Titan Firm’s (₹3,280.15) shares tumbled on Monday, shedding 7.2 per cent. The corporate introduced their outcomes on Could 3 submit market hours, which weighed on the value in right this moment’s session. The year-to-date loss for the inventory now stands at 10.8 per cent. Whereas the income for Q4FY24 has gone up, partially aided by … Read more

Actuality Test: Jewelry Shares: Festive Demand Boosts Income 

Main jewelry firms reminiscent of Titan Firm (₹3,612.4), Kalyan Jewellers India (₹347.9) and Thangamayil Jewelry (₹1,420.35) reported their Q3-FY24 earnings final week. Broadly, the businesses reported progress in income boosted by festive demand within the quarter and a rally in gold value. The value of the yellow metallic noticed a rally within the December quarter, … Read more