Stock Market Today, Feb. 5 -- Titan Company share price declined more than 3% in morning trade on Wednesday following its Q3 (October-December) results that were announced post-market hours on Tuesday.
Titan Company share price opened at Rs.3,574 apiece on the BSE today, slightly lower than the previous closing price of Rs.3,599. The Titan Company share price thereafter dipped to the lows of Rs.3,481.85, marking a decline of more than 3%.
Despite a 25% year-over-year (YoY) increase in total income to Rs.17,723 crore, Titan, a Tata Group company, reported a 0.6% decrease in its consolidated net profit for the third quarter, totalling Rs.1,047 crore on Tuesday.
The impact of a decrease in customs duty on gold was the key reason why the c...
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