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ASHOK SONTHALIA
Titan Company unfazed about gold supply in short term as exchange programmes aid sourcingTitan Company remains unconcerned about immediate gold supply disruptions stemming from the West Asia conflict. The jeweller's successful g...
Titan says soaring gold prices are curbing customer growthTitan Co., India's largest jewelry maker, faces reduced customer demand as gold prices reach record highs. Sales growth is now driven by pr...
Titan eyes up to 20% growth in jewellery business in fiscal 2026, gold rally threatens marginTitan expects its jewellery business to grow by up to 20% in the upcoming financial year, driven by demand from affluent Indians. However, ...
Ketan Parekh's in regulatory crosshairs, againThe Sebi order said 22 individuals and entities were involved in the front-running scheme. Front running is an illegal practice of purchasi...
Exit polls show Advantage BJP! D-Street to likely train its guns on these sectorsExit polls favor Bharatiya Janata Party (BJP) led NDA faction. Sectors like railways, defence, infrastructure, and PSUs to gain focus. NDA ...
Early signs are very good and we are very positive about Q3 and Q4 shaping up well: Titan CFO“The jewellery EBIT margin on a full year basis is 12% to 13%. Our focus is more on growth, market share gain, number of customers coming t...
Titan CFO explains the rationale behind raising CaratLane stake"While we will be able to conclude this transaction and all the regulatory approvals are expected to be in place in the next two months, we...
We will deliver between 12% to 13% EBIT for jewellery business in FY-24: Ashok Sonthalia, TitanLike for last 10-12 months, I would say, we have been seeing the volatility in prices and oscillation in consumer sentiments, sometimes the...
Major focus is to expand further in GCC and US market in FY-24: Ashok Sonthalia, TitanSo in FY24 major focus would be to expand further in GCC and US market. Of course, we are evaluating some of the newer markets also, but I ...
Titan shares rally over 3% to fresh record high. What's behind the glitter?In a regulatory filing, after market hours on Thursday, Titan said it recorded revenue growth of 20% year-on-year (YoY) for Q1 with all key...
From Vellore to Barnala, small towns are new frontiers for premium productsConsumer companies across categories, such as Nestle, Domino's, McDonald's and Lotus Herbals have cited higher traction for premium product...
Premiumisation wave sweeps across India's small townsThe Indian ecommerce market is expected to reach ₹9 lakh crore by FY26, with customers from tier-2 and smaller cities driving most of the g...
Titan can achieve Rs 2,500 cr from international biz earlier than expected: CFO“In Q1 and Q2 we did not see a lot of traction, it was almost at a similar proportion to what it used to be but in quarter three we believe...
Titan appoints Ashok Sonthalia as chief financial officerThe company also announced the appointment of Swadesh Behera as the chief people officer of the company
Titan appoints L&T’s Ashok Kumar Sonthalia as its new CFOIn the second quarter ended September, Titan Company reported an 1.8% increase in net profit to Rs 320 crore. The maker of watches, jewelle...
L&T Infotech 'actively' scouting for buys in analytics, consultingIPO comprises an offer-for-sale of up to 1.75 crore equity shares by L&T Ltd. It constitutes 10.3 per cent of the post offer paid-up equity...
Renewed market confidence result of Arun Jaitley’s tough talk on economy: Manish Sonthalia, Motilal Oswal"Momentum seems to be building up before Budget and there is lot of optimism. The markets will not see any major correction in the run-up t...
Should investors pick auto companies as sales show uptick in demand?Sales grew 3.08 per cent in May, riding on the back of a stable government at the Centre and a lower excise duty rolled out in the interim ...
Will be able to improve performance going forward: Ashok Kumar Sonthalia, Greaves Cotton"We have room to take care of the growth at least for the next financial year and we need not incur capex as far as capacity expansions are...
- Expect increased retail participation if market rallies further: Manish Sonthalia, Motilal Oswal AMC
"There is a lot of scepticism & pessimism and it is nowhere close to the fact that the markets have priced in the positives that we are tal...