Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala held a 5.05 per cent stake in the June quarter, which was worth Rs 10,911.30 crore, as per Trendlyne.Emkay Global said Titan reported an 8 per cent beat to its Ebitda estimates. “Ex-bullion sales, consolidated Ebitda margin at 13.2 per cent was 200 bps higher than pre-Covid levels, led by operating leverage, exit from loss-making ventures and 80 bps one-off,” it said.
10 stks that got upgrades & downgrades from MOSL post Q4 results
As all major companies have already announced their Q4 results, brokerage firm Motilal Oswal has upgraded and downgraded the estimated FY24 earnings of several stocks.
June 3, 2023