Titan Declines Over 1% Post March Quarter Results

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At 10:30 am, the shares of Titan had been buying and selling decrease by 1.52 per cent on the BSE

Titan Company shares shed greater than 1 per cent on the BSE a day after the corporate declared its outcomes for the quarter ended March 2021. At 10:30 am, the shares of Titan had been buying and selling at Rs 1,481.20, decrease by 1.52 per cent, on the BSE.

Titan Company reported a 48 per cent progress in standalone web revenue at Rs 529 crore within the January-March quarter of monetary yr 2020-21 in comparison with Rs 357 crore within the corresponding interval final yr.

Its revenues from operations stood at Rs 7,135 crore within the March quarter, marking a 61 per cent progress in comparison with Rs 4,429 crore in the identical interval final yr.

Meanwhile, the corporate’s board advisable a dividend of Rs 4 per share.

The BSE Sensex was buying and selling at 49,432.55, weaker by 344.55 factors or 0.67 per cent and tyhe NSE Nifty was at 14,814.65, down 80.20 factors or 0.55 per cent on the time.



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