Titan Company’s stellar quarterly updates impress, but valuations test patience. While gold price surges boost revenue, profitability concerns linger. Meanwhile, the FMCG sector faces stagnation, with Godrej Consumer Products deemed overvalued. Lab-grown diamonds are a future play, not immediate growth drivers, and QSR faces structural headwinds from food aggregators.
Cochin Shipyard Q3 Results: Cons PAT falls 18% YoY, revenue up 18%. Rs 3.50/share dividend announced
Cochin Shipyard reported an 18% YoY decline in Q3 net profit, while revenue rose 18%. Sequential profit and revenue growth, an interim dividend, and global