Titan Company business update:


The company witnessed strong demand across its consumer businesses and clocked 36% growth over the festive quarter last year, company said in its press release.

In the Q3FY22 (October-December) the company’s Jewellery business revenue rose 37 percent, while Watches & Wearables revenue saw a growth of 28%, YoY.

Its Eye Wear segment revenue jumped by 27 percent, however other businesses revenue rose 44 percent, YoY.

The company has added 89 new stores across the segments in October-December quarter, with total stores stood at 1,935.

Titan Company touched a 52-week high of Rs 2,687.30 and was quoting at Rs 2,675.45, up Rs 78.70, or 3.03 percent on the BSE.

News Source:- Moneycontrol

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