scorecardresearchTitan sheds 6% in intra-day deals as govt hikes gold import duty to strengthen falling rupee

Titan sheds 6% in intra-day deals as govt hikes gold import duty to strengthen falling rupee

Updated: 01 Jul 2022, 04:35 PM IST
TL;DR.
Titan fell as much as 5.9 percent to its day's low of 1,827 in intraday deals on BSE. However, the stock ended flat, up 0.2 percent at 1,926 as against a 0.2 percent decline in BSE Sensex.
Titan fell as much as 5.9 percent to its day's low of  <span class='webrupee'>₹</span>1,827 on BSE after the government increased import duty on gold to 12.5 percent from 7.5 percent. In comparison, the Sensex was also trading around a percent lower.

Titan fell as much as 5.9 percent to its day's low of 1,827 on BSE after the government increased import duty on gold to 12.5 percent from 7.5 percent. In comparison, the Sensex was also trading around a percent lower.