TITAN Q1 UPDATE IMPACT
Marico, Dabur shares surge up to 7% post Q1 updates Dabur India and Marico witness stock price surge following positive Q1 updates. Dabur anticipates single-digit growth with focus on India and international segments. Marico reports uptick in volume growth and strategic collaboration with Kaya. Globa...
08 Jul, 2024, 12.05 PM ISTTitan shares fall 4% as weak Q1 update leads to target price cuts Titan Share Price: Titan Company's shares dropped 4% on Monday due to lower-than-expected business growth, prompting target price cuts from global brokerages. The company reported varied performance in different divisions, with challenges like high ...
08 Jul, 2024, 11.45 AM ISTWhich pockets will see profits decelerate, remain flattish, or go up in Q1? Pankaj Tibrewal answers Stock market analyst discusses the outlook on defence stocks and suggests focusing on durables, value retailers, and staple companies for potential growth in consumption over the next 12-18 months. Pankaj Tibrewal says over longer periods, the basic...
06 Jul, 2024, 09.00 AM IST- ADVERTISEMENT
Marico Q1 Update: Modest increase in volume growth on improved demand Parachute oil maker Marico on Friday said sales volume growth at home saw a modest increase in the first quarter ended June 30 as demand improved gradually with consumers spending more on personal care and cooking products.
05 Jul, 2024, 08.17 PM ISTDabur Q1 Update: Consol revenue may grow by mid-to-high single-digit Travel and out-of-home consumption were impacted by the hot summer, affecting beverage sales, but the culinary category performed well, according to the filing. Dabur noted that 'Badshah Masala' continued to do well, with expected high-teen volume g...
05 Jul, 2024, 08.09 PM ISTDabur sees improvement in demand, rural growth in Q1 The domestic business is expected to record mid-single-digit volume growth and its consolidated revenue is expected to register mid-to-high single-digit growth during Q1 FY25, said Dabur, which owns brands such as Dabur Chyawanprash, Dabur Honey, Da...
05 Jul, 2024, 07.31 PM ISTTitan Q1 Update: Business grows 9% YoY; company adds 61 stores Domestic jewellery sales grew 8% year-on-year, boosted by double-digit growth during Akshaya Tritiya. However, high gold prices and fewer wedding days dampened consumer demand compared to the previous quarter. Growth was primarily driven by increase...
05 Jul, 2024, 05.49 PM ISTHDFC Bank shares fall 4% as Q1 update disappoints investors HDFC Bank shares, previously rising due to potential MSCI weightage increase, fell over 4% on Friday to Rs 1,665.55 on BSE. This decline followed a sharp drop in CASA ratio in its June quarter update. Deposit growth was soft at 15.3% YoY (pro-forma)...
05 Jul, 2024, 11.27 AM ISTHDFC Bank gross advances jump 52.6% on-year in Q1 to Rs 24.8 lakh crore HDFC Bank's gross advances increased by 52.6% year-on-year to ₹24.87 lakh crore in the quarter ending June 30, driven by its merger with HDFC Limited last July. Excluding the merger impact, advances grew by 14.9% from June 30, 2023, reaching ₹25.08 ...
05 Jul, 2024, 12.26 AM ISTHDFC Bank Q1 Update: Advances soar 53% YoY to Rs 24.87 lakh cr; deposits jump 24% Excluding the impact of the HDFC merger with the bank on July 1, 2023, the bank's gross advances grew by 15% compared to the same period last year. During the first quarter, retail loans increased by approximately Rs 18,600 crore, and commercial and...
04 Jul, 2024, 06.25 PM ISTCould IT make a meaningful comeback in Q1? Deven Choksey explains Deven Choksey highlights the importance of sticking with larger banks for business growth and emphasizes the positive outlook for IT companies. Additionally, L&T's promising future is underlined by margin expansion and improved execution. Choksey fu...
02 Jul, 2024, 10.59 AM ISTGrasim Q4 Results: Net profit jumps 39% YoY to Rs 1,908 crore; revenue rises 13% Grasim Q4 Results: The net profit stood at Rs 1,369 crore in the last year quarter. Revenue from operations increased 13% year-on-year to Rs 37,727 crore in the reporting period, compared with Rs 4,873 crore in the corresponding period of previous y...
22 May, 2024, 10.42 PM ISTABB India shares surge over 8% after Q1 net profit jumps 87% ABB India surged 8.5% on the BSE, hitting a new 52-week high of Rs 7,792.40. The company reported a remarkable 87% increase in net profit to Rs 460 crore in the March 2024 quarter, driven by higher revenues.
13 May, 2024, 11.13 AM ISTSBI share price can surge up to Rs 1,000, say bulls after Q4 results SBI Share Price: SBI's robust Q4 earnings, with a net profit of Rs 20,698 crore, garnered bullish sentiments from various brokerages. Nomura, JP Morgan, Nuvama, KIE, Motilal Oswal, and Emkay Global maintain buy ratings with target prices ranging fro...
10 May, 2024, 12.07 PM ISTJSW Energy shares jump nearly 6% after Q4 results. Here’s what brokerages say JSW Energy Share Price: JSW Energy shares surged 5.8% on BSE after Q4 results. Brokerages raised target prices, with Jefferies maintaining a buy rating at a Rs 690 target price.
08 May, 2024, 03.37 PM ISTQ1 and Q2 will see close to double-digit volume growth for Britannia: Abneesh Roy Abneesh Roy from Nuvama Institutional Equities discusses Britannia's positive growth outlook despite local competition and tech disruption, while also reflecting on challenges faced by Titan in the jewelry segment and eyewear business.
06 May, 2024, 03.44 PM ISTTitan board declares dividend of Rs 11 per share Titan Dividend: The consolidated total income for the reporting quarter stood at Rs 11,472 crore, a jump of 21.8% over Rs 9,419 crore reported in the year-ago period.
03 May, 2024, 05.51 PM ISTTitan Q4 Results Today: Profit, revenue seen rising in high double-digits Titan Q4 Results Today: Titan Company poised for strong Q4 performance with high double-digit revenue growth. Jewelry segment expected to lead with significant EBITDA and PAT growth. Various factors impacting EBIT margins across segments, while focu...
03 May, 2024, 02.52 PM ISTBank of America Q1 Results: Profits fall 18% on higher expenses, charge-offs Bank of America's first-quarter profits decreased due to higher expenses related to rising interest rates, surpassing expectations. The bank made a $700 million payment to the FDIC to support the deposit insurance fund, impacting its earnings.
16 Apr, 2024, 10.12 PM ISTTitan Q4 Update: Revenue grows 17% YoY; 86 stores added Watches & Wearables domestic business surged 7% year-on-year, comprising 7% revenue growth in analogue watches and 2% in wearables.
05 Apr, 2024, 10.23 PM IST