BusinessTitan Shares Fall After Reporting Loss In Q1 As Covid-19 Rattles Business
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Titan Shares Fall After Reporting Loss In Q1 As Covid-19 Rattles Business
Titan reported loss of Rs 270 crore in June quarter
Company had reported profit of Rs 371 crore in June quarter of last year
Titan's business was severely by affected caused by Covid-19 pandemic
Titan Company shares fell as much as 5.2% to hit an intraday low of Rs 1,050.20.
Titan Company shares fell as much as 5.2 per cent to hit an intraday low of Rs 1,050.20 on the BSE after the company reported loss of Rs 270 crore in quarter ended June 30 as against profit of Rs 371 crore during the same quarter last year. Titan's business was severely by the disruption caused by the Covid-19 pandemic. "Disruption caused by the Covid 19 pandemic in India affected the performance of Titan Company Ltd severely with re...