@TitanCompanyLtd
Jewellery saw sharp uptick in Q2fy21 ,98% precovid levels
Added 14 Tanishq stores,8 in Q2
Watches / eyewear recovery sluggish 55/61 % precovid
Mkt share gains for organized players,strong balance sheet,franchisee model,digital spending,ecommerce driving sales
Jewellery saw sharp uptick in Q2fy21 ,98% precovid levels
Added 14 Tanishq stores,8 in Q2
Watches / eyewear recovery sluggish 55/61 % precovid
Mkt share gains for organized players,strong balance sheet,franchisee model,digital spending,ecommerce driving sales
Rise in gold prices led to robust gold jewellery & coin sales
Smaller towns driving demand
Recovery 77% in Jun to 98% in Sep quarter
50% Tanishq stores concentrated in rural areas
Wedding season ,diwali to further boost jewellery demand
#titan #Nifty #sensex #StockMarket
Smaller towns driving demand
Recovery 77% in Jun to 98% in Sep quarter
50% Tanishq stores concentrated in rural areas
Wedding season ,diwali to further boost jewellery demand
#titan #Nifty #sensex #StockMarket
Reopening of stores, malls, vaccine may increase footfalls in Q3,Q4
Launched 'Gift a Titan' & new jewellery division ' Rooted from Zoya'
Launched its 1st smartwatch 'Titan connected X'
Taneira launched 1st Chennai store ,total 13 stores functional
Launched 'Gift a Titan' & new jewellery division ' Rooted from Zoya'
Launched its 1st smartwatch 'Titan connected X'
Taneira launched 1st Chennai store ,total 13 stores functional
Net sales down 2.6% ,PAT down 37% ,Ebidta margin down 480bps ,jewellery sales up 8.8% to 38.4bn on 38% higher gold prices
Watches sales down 44.3%
Expects to add 34 stores in Fy21,14 added so far
@TitanCompanyLtd #market #dalalstreet
Watches sales down 44.3%
Expects to add 34 stores in Fy21,14 added so far
@TitanCompanyLtd #market #dalalstreet
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