Titan Q2 Preview: Profit likely to decline up to 27% on one-time exceptional chargeAnalysts are anticipating a 25% growth in the core jewelry segment of Titan, driven by both volume and price increases. Despite the reducti...
05 Nov, 2024, 08.38 AM IST
Setback or blip? Decoding jewellery stocks’ underperformance as gold hits fresh lifetime highsETMarkets' analysis reveals the underperformance of jewellery stocks amidst gold's record highs. Most saw negative returns, with a few exce...
04 Apr, 2024, 09.09 AM IST
FTX co-founder testifies against Bankman-FriedDuring Sam Bankman-Fried's trial, his former business partner, Zixiao "Gary" Wang, testified that Bankman-Fried used FTX clients' funds wit...
07 Oct, 2023, 08.30 AM IST
Nifty may weaken further, enjoys support at 17,500Technical analysts say Nifty is headed further down in the coming days after closing below its 20-day exponential moving average last week....
01 Nov, 2021, 06.14 AM IST
US lawmakers face off with GameStop saga's key playersThe episode has been portrayed as a victory of the little guy over Wall Street titans, but not everyone is buying it. Lawmakers from both p...
19 Feb, 2021, 12.05 AM IST
Analysts upbeat on this Rakesh Jhunjhunwala favourite, see up to 19% upside in stockICICI Securities reiterated its 'add' rating on the stock and raised target price to Rs 1,350 from Rs 1,250 as it expects profitability to ...
29 Oct, 2020, 01.01 PM IST
Titan Q2 results: Profit drops 38% YoY to Rs 199 crore in line with estimatesAn ET Now poll had projected the net profit of Rs 205 crore for the quarter.
28 Oct, 2020, 02.11 PM IST
So how the hedge loss really hurt Titan in Q1? CFO explainsDuring a post earnings call with analysts, ace investor Rakesh Jhunjhunwala questioned the accounting procedure and sought clarity over Tit...
12 Aug, 2020, 02.36 PM IST
When Big Bull grilled Titan top brass on its hedging accountThe Tata Group firm, which reported Rs 270 crore loss, said its numbers were impacted by hedging losses, even though they were offset partl...
11 Aug, 2020, 11.12 AM IST
Retail sales in jewellery up in Q2, but hedges hurt: TitanYoY retail growth up on back of schemes; rise in gold prices hits consumer demand
08 Oct, 2019, 12.25 PM IST
JPMorgan upgrades Titan to ‘Overweight’, sees over 14% upside in 12 monthsThe global investment bank believes that the risk/reward equation is turning favorable, with overseas hedging to aid margins.
09 Apr, 2014, 01.27 PM IST
Titan Industries gets Reserve Bank of India's nod to hedge more goldTitan Industries has won approval to hedge more gold in international market, thereby helping it save on its finance costs besides other lo...
25 Feb, 2014, 10.31 AM IST
Titan’s unhedged gold inventory faces volitility riskTata group’s Titan Industries, which generates about 75% of its revenue from jewellery, may have to expose half its gold inventory to price...
26 Dec, 2013, 04.00 AM IST
Is it time to sell jewellery stocks?The recent measures by the government and the RBI have led to a drastic drop in prices of such stocks, but large-cap players are still good...
01 Jul, 2013, 01.03 PM IST
Indian-origin hedge fund manager Mathew Martoma pleads not guilty on insider tradingMathew Martoma pleaded not guilty today to criminal charges after he was indicted last month in one of the "most lucrative" insider trading...
04 Jan, 2013, 02.52 AM IST
Indian-origin hedge fund manager Mathew Martoma indicted in insider tradingHe had worked with CR Intrinsic Investors, an affiliate of SAC Capital Advisors. SAC is owned by Steven Cohen, who is among one of the worl...
26 Dec, 2012, 02.58 PM IST
Indian-origin hedge fund manager Mathew Martoma freed on $5 million bondMathew Martoma, 38, appeared in a brief court hearing yesterday before US Magistrate Judge James Cott and was informed of his rights as a c...
27 Nov, 2012, 12.28 PM IST