CK Venkataraman, MD of Titan, highlighted the need for higher standards and innovation in Tanishq to sustain growth. He noted July’s improved performance, despite Q1 challenges with fewer weddings and fluctuating gold prices. Venkataraman also discussed market strategies, rural versus urban growth, and the potential impact of lab-grown diamonds on the diamond industry.
Honasa Consumer shares jump 7% as Q2 operating update points to strong growth
Honasa Consumer shares rallied after the company projected strong Q2 FY27 operating performance, with net sales growth expected in the early thirties, improving margins and