Anshul Saigal sees re-rating potential in Eternal amid margin surprise

 22 Jul 2025 11:11 AM

Anshul Saigal of Saigal Capital observes mixed earnings results across sectors like banking and consumer durables, noting market skepticism and reasonable earnings suggest underlying strength. He highlights Eternal's positive surprise due to margin expansion in quick commerce. Titan's GCC expansion is viewed favorably, but its premium valuation leaves little room for error.

Titan share price gains on proposed acquisition in the Gulf countries

 22 Jul 2025 10:06 AM

Stock Market Today: Titan share price gained in the morning trades on Tuesday on the proposed acquisition in the Gulf countries. While the announcement will enhance global presence, the analysts await a significant turnaround and acceleration in store expansion to help re-rate the stock

Titan shares in focus after $283 million acquisition of GCC-based Damas Jewellery

 22 Jul 2025 08:09 AM

Titan Holdings is set to acquire a 67% stake in Damas LLC for AED 1,038 million ($283 million), gaining a strategic presence across all six GCC countries—UAE, Saudi Arabia, Qatar, Oman, Kuwait, and Bahrain. The remaining 33% held by Mannai may be acquired post-December 31, 2029, under mutually agreed terms.

Titan Company Share Price Live Updates: Titan Company trading summary

 22 Jul 2025 08:05 AM

Stocks in news: Paytm, Ideaforge, Eternal, Mangalore Chemicals, Bajaj Finance, Titan

 22 Jul 2025 06:11 AM

Markets experienced a volatile start but closed positively. Several companies, including Paytm, IRFC, Dixon, and ZEEL, are set to announce their Q1 results. Eternal reported a significant drop in net profit, while Bharti Airtel surpassed TCS in market capitalization. Titan will acquire a 67% stake in Damas, and Bajaj Finance sees leadership changes.

Titan to acquire 67% stake in Dubai-based Damas for $283 million in strategic Gulf expansion

 21 Jul 2025 08:16 PM

Titan Company has acquired a 67% stake in Damas LLC, a Dubai-based luxury jeweler. The deal is worth $283.2 million. This acquisition will expand Titan's presence in the Gulf Cooperation Council countries. The company aims to strengthen its position in the global jewellery market. The deal is expected to be completed by January 31, 2026.

Titan to acquire 67% stake in Gulf retailer Damas Jewellery for $283 million

 21 Jul 2025 04:38 PM

Titan Company will acquire a 67% stake in Damas LLC, a prominent jewellery business in the Gulf Cooperation Council region. The deal, valued at $283 million, will expand Titan's presence across the UAE, Saudi Arabia, and other GCC countries. Titan aims to accelerate its jewellery business in the region.

Titan to buy majority stake in Dubai's Damas at $283 million enterprise value

 21 Jul 2025 04:38 PM

Indian jeweller Titan Company said on Monday it would acquire a 67% stake in Dubai-based luxury jewellery retailer Damas at an enterprise value of 1.04 billion UAE dirham ($283.2 million), as it expands its presence in the Middle East.

Titan: Proposed Deal Based On Enterprise Value Of AED 1.038 Billion, Key For Company's Jewelry Business Expansion In 6 GCC Countries. 💰💎

 21 Jul 2025 04:23 PM

Titan: Proposed Deal Based On Enterprise Value Of AED 1.038 Billion, Key For Company's Jewelry Business Expansion In 6 GCC Countries. 💰💎

Titan: Company Plans to Acquire 67% Stake in Damas Jewellery, With Option to Buy Remaining 33% After December 31, 2029. 💍🤝

 21 Jul 2025 04:23 PM

Titan: Company Plans to Acquire 67% Stake in Damas Jewellery, With Option to Buy Remaining 33% After December 31, 2029. 💍🤝