business / news / / The Financial Express
Titan Company’s shares jumped 5.7% to hit a new 52-week high of Rs 4,472.50 on the National Stock Exchange.
Titan's Jewellery division achieved 46% YoY growth despite a steep rise in gold prices.
KEY POINTS
- Gold coin sales nearly tripled, ending three quarters of stagnant buyer growth in jewellery.
- Smart Watches category declined 53% YoY, contrasting with 16% growth in analogue watches.
- International business grew 156% YoY, mainly due to adding 127 Damas Jewellery stores.
- Significant disruptions occurred in the GCC region in March due to West Asia turmoil.
COMPANIES
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