Author: Nishtha Mehrotra | EQMint
Shares of Titan Company and Marsons are likely to remain in focus as investors track their latest business developments.
Titan Company reported nearly 25% year-on-year growth across its consumer businesses in Q2 FY27. Its jewellery business grew 21%, while watches and EyeCare recorded growth of around 30% and 28%, respectively. The company also added 78 stores during the quarter, taking its total retail network to 3,758 stores.
Meanwhile, Marsons has entered into a joint venture with New York-based Cleanhill Partners to expand its transformer distribution, servicing and manufacturing operations across the US and Canada. The partnership aims to benefit from rising demand linked to grid modernisation, renewable energy projects and data-centre power requirements.
Marsons currently has an annual transformer capacity of 12,000 MVA, which is being expanded to 26,000 MVA.
Disclaimer: This article is for information purposes only and is not investment advice.
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