As of 30-Sep-2021, promoters held 33.96 per cent stake in the company, while FIIs held 16.4 per cent and domestic institutional investors had 10.46 per cent.
Γ’β¬ΕOur aggression in expansion will continue and will go up a notch in the next 1-2 years.Γ’β¬Β
Titan Company fell 3.94 per cent to Rs 2,363, even as the Tata group firm reported a nearly four-fold jump in consolidated net profit at Rs 641 crore for the September quarter.
The company, which declared its second-quarter earnings post-market hours on Wednesday, said its reported profit was at Rs 1,819.45 crore in the July-September quarter as against Rs 5,520.27 crore a year ago.
As of 30-Sep-2021, promoters held 30.3 per cent stake in the company, while FIIs held 22.31 per cent and domestic institutional investors had 21.36 per cent.
ITC Ltd. key Products/Revenue Segments include Packaged Food Item, Agricultural Products, Paper & Paper Boards, Others, Service (Hotel), Tobacco Unmanufactured, Printed Materials, Other Operating Revenue for the year ending 31-Mar-2020.
The Nifty Auto index was trading 0.41 per cent down at 11348.3.
The list includes Axis Bank, Jindal Steel & Power, Ujjivan SFB, Bharat Forge, Bank of Maharashtra, Hindustan Copper, BEML, DB Realty and Karda Constructions.
During the quarter, the company booked a provision of Rs 1,879.6 crore for Glumetza (diabetes drug) business compensation expense to settle the dispute with two plaintiff groups as well as impairment expense of Rs 707.7 crore for Solosec, a drug indicated for the treatment of bacterial vaginosis (BV), it added.
For the quarter under review, Bajaj AutoΓ’β¬β’s earnings before interest taxes depreciation and amortization (EBITDA) stood at Rs 1,434 crore, showing a YoY growth of 10 per cent from Rs 1,300 crore over the same period a year ago.
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