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BOM:500114

8 stories mentioning BOM:500114Updated just now

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Asia

Titan's Consolidated Profit Rises in Fiscal Q1

Titan's (NSE:TITAN, BOM:500114) consolidated attributable profit increased to 17.8 billion Indian rupees in the fiscal first quarter ended June 30, from 10.91 billion rupees a year ago.Earnings per share of the watches and accessories company came in at 20.02 rupees compared with 12.30 rupees a year earlier, according to a post-market hours filing to the Indian bourses on Friday.Revenue from the sale of products and services in fiscal Q1 increased to 207.9 billion rupees from 148.1 billion rupees a year ago.

BOM:500114NSE:TITAN
Asia

CARE Affirms AAA Rating on Titan's Long-term Bank Financing; Outlook Stable

CARE Ratings retained its AAA rating on Titan's (NSE:TITAN, BOM:500114) long-term bank financing and A1+ rating on the short-term bank financing of the jeweler.The rating outlook is stable, according to an Indian bourse filing on Tuesday.

BOM:500114NSE:TITAN
Asia

Titan Appoints Chairman

Lifestyle company Titan (NSE:TITAN, BOM:500114) appointed S. Vijayakumar as chairman and additional director of the company, effective June 29, according to a Monday stock exchange filing.

BOM:500114NSE:TITAN
Asia

Titan Redeems Commercial Papers Worth INR10 Billion

Lifestyle company Titan (BOM:500114, NSE:TITAN) fully redeemed commercial papers worth 10 billion Indian rupees, according to a Monday filing with the Indian bourses.The commercial papers were issued on April 24, the filing said.

BOM:500114NSE:TITAN
Asia

Nomura Adjusts Titan's Price Target to INR5,000 From INR4,950, Keeps at Buy

Titan (NSE:TITAN, BOM:500114) has an average rating of overweight and mean price target of 5,026.68 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:500114NSE:TITAN
Asia

Nomura Adjusts Titan's Price Target to INR4,950 From INR4,925, Keeps at Buy

Titan (NSE:TITAN, BOM:500114) has an average rating of overweight and mean price target of 5,044.62 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:500114NSE:TITAN
Asia

Market Chatter: Titan Expects Short-Term Slowdown if Indian Government Curbs Gold Buying

Indian jewelry major Titan (NSE:TITAN, BOM:500114) expects a temporary demand slump if the government proceeds with any policies to rein in gold buying, Bloomberg News reported Tuesday, citing the company's finance chief.The firm expressed optimism that domestic consumption will remain resilient over time and expects no supply disruption for as long as four months, Titan Chief Financial Officer Ashok Sonthalia reportedly said in a Bloomberg interview.Indian Prime Minister Narendra Modi called on citizens to avoid purchasing gold for a year to protect foreign exchange reserves, according to the report.Titan's shares were down over 2% in recent trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

BOM:500114NSE:TITAN
Asia

Titan Company's Consolidated Profit Rises in Fiscal Q4; Shares Jump 6%

Titan Company's (NSE:TITAN, BOM:500114) consolidated net profit rose to 11.79 billion Indian rupees in the fiscal fourth quarter ended March 31, from 8.71 billion rupees a year ago.Earnings per share came in at 13.27 rupees from 9.82 rupees a year earlier, the watches and accessories company said in a filing to the Indian stock exchanges on Friday.Total revenue in fiscal Q4 also increased to 271.0 billion rupees from 150.3 billion rupees a year earlier.The board has recommended a dividend of 15.00 rupees per equity share of 1 rupee each.The company's shares were up over 6% in recent trade.

BOM:500114NSE:TITAN

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