Titan Firm shares shed greater than 1 per cent on the BSE a day after the corporate declared its outcomes for the quarter ended March 2021. At 10:30 am, the shares of Titan have been buying and selling at Rs 1,481.20, decrease by 1.52 per cent, on the BSE.
Titan Firm reported a 48 per cent development in standalone web revenue at Rs 529 crore within the January-March quarter of economic yr 2020-21 in comparison with Rs 357 crore within the corresponding interval final yr.
Its revenues from operations stood at Rs 7,135 crore within the March quarter, marking a 61 per cent development in comparison with Rs 4,429 crore in the identical interval final yr.
In the meantime, the corporate’s board advisable a dividend of Rs Four per share.
The BSE Sensex was buying and selling at 49,432.55, weaker by 344.55 factors or 0.67 per cent and tyhe NSE Nifty was at 14,814.65, down 80.20 factors or 0.55 per cent on the time.