While taxation of tobacco is primarily under the purview of the GST Council, the central government also levies a National Calamity Contingent Duty (NCCD) on cigarettes, which is subject to changes in the Budget.

I think for the auto sector, particularly passenger vehicles, the growth run continues. In between we had some challenges on the margin front and for Maruti particularly their overall product basket was not looking that good with competition coming in from the Kia and the GM and many other names. But I think in the last six months or so, if you see their product offering has been much, much better.

The NSE Nifty index closed 98.4 points up at 17956.6

Titans jewellery division is expected to register early double digit revenue growth to the tune of 11% YoY in Q3FY23 (12% including CaratLane). Prima facie, the growth trajectory appears to have moderated but we believe the growth rate should be viewed in the context of a very strong base of Q3FY22 (the division had recorded 37% YoY growth).

"ICICI Bank has reached a very high level and from here onwards, what next? So why not look for something which has not moved as of now? It is just the kind of rotation which is happening. There is specifically nothing negative I have heard about ICICI Bank. They are continuously doing what they were doing very well with the change of management."

Tata Consultancy Services, a prominent IT company, was 3% higher, ahead of its third-quarter results. Early trading saw gains of more than 1% in both the IT and metal indexes.

Tata Consultancy Services, a prominent IT company, was 3% higher, ahead of its third-quarter results. Early trading saw gains of more than 1% in both the IT and metal indexes.

The NSE Nifty index closed 241.75 points up at 18101.2

In a business update, ahead of the full quarterly results which would be announced later in the quarter, Titan said healthy consumer demand spurred by a vibrant festive season resulted in a 12% growth in combined sales year-on-year (YoY) across the company's standalone businesses.

Prabhudas Lilladher recommended accumulate rating on Titan Company with a target price of Rs 2875 in its research report dated January 09, 2023.

The Street had forecasted growth of 17-18 percent year-on-year, while Titan reported 12 percent growth

The structural investment case for the company is intact. The brokerage maintains its BUY rating with a target price of Rs 3,080.

BofA Securities maintained its neutral stance on Paytm. It has disbursed Rs 3,665 crore ($443 million) worth of loans in the month of December.

The maximum growth was recorded by Titan in its emerging businesses category, where sales shot up by 75 percent.

Positive consumer sentiment helped all categories clock healthy double-digit growth, despite a high base in the same period of last year, the company said in a release

​​Analysts are forecasting the likelihood of sustained performance in some of them. Out of the 13 stocks that have fetched returns every year in the past six years, eight could continue their winning run, according to analyst consensus price targets compiled by Bloomberg.

The NSE Nifty index closed 50.8 points down at 17992.15

After the deal goes through, Ant -- in which ecommerce titan Alibaba has a stake -- will have contributed a total of 9.25 billion yuan and control half of its shares

Gross income from the dividend for the quarter ended December 31, 2022, was Rs 482 crore compared to Rs 195 crore a year ago

Titan Company Ltd. key Products/Revenue Segments include Jewellery, Watches, Precious & Semi Precious Stones, Eyewear, Others, Other Operating Revenue, Scrap, Other Services for the year ending 31-Mar-2022.

Nifty formed a Bearish Piercing pattern on the daily scale on Monday but it has been making higher highs from the last five sessions. It formed a Bullish candle or an Inside Bar on the weekly frame but continues to form lower highs from the last four weeks.

The NSE Nifty index closed 92.15 points up at 18197.45

Titan Company, incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 230114.17 Crore) operating in Gems and Jewellery sector.