Shares of Titan Company rose 2.3% to Rs 3,527.20 on BSE. The surge followed a 24% year-on-year growth in its standalone business for the December quarter. The jewellery segment reported a 26% sales growth. Titan’s Watches & Wearables and EyeCare divisions also showed growth, while Caratlane expanded its presence domestically and internationally.
India Inc reduced overseas bond issues on local liquidity, rupee fall
Indian companies scaled back overseas bond issuances as improved domestic liquidity and a weaker rupee made local fundraising more attractive.