Latest news with #Tritiya
&w=3840&q=100)
Business Standard
08-07-2025
- Business
- Business Standard
Titan stock may lose some sheen as jewellery growth slows in Q1 FY26
Titan's business update for the April-June quarter (Q1) of FY26 indicated a slowdown in growth trends. Among the country's leading lifestyle companies, Titan recorded 17 per cent year-on-year (YoY) growth in the key jewellery division, lower than recent trends of 25 per cent growth. Like-for-like (LFL) growth was in the mid double-digits. Both overall growth and LFL were lower than for peers. Buyer growth was flat YoY for jewellery. The Q1 FY25 had a low base (9 per cent YoY growth), and the next three quarters of FY25 saw much higher growth. Hence, the base effect will be unfavourable for the rest of FY26. There is higher competitive intensity, with the entry of new players like Indriya. Companies are also trying to reduce variance in gold prices and making charges versus competition, focusing on concepts like gold exchange and EMIs. Titan has high valuations, so this has led to a correction in the stock price. Gold prices are up 35 per cent YoY in Q1 FY26, with 15 per cent of that rise coming in the April-June 2025 period itself. Given high gold rates, customers are opting for lightweight, lower-karat jewellery. The studded jewellery sales ratio to overall sales declined YoY, with strong growth in coins. Plain gold grew in the mid-teens, while the studded segment grew in low double digits. The company added 19 net jewellery stores in India: three in Tanishq, seven in Mia, and nine in CaratLane. The international business grew 49 per cent YoY, driven by a near doubling of Tanishq's US business. Tanishq opened a new store in Dubai, while Titan Eye+ opened a new store in Sharjah and closed one Mia store in the Middle East. Adjusted earnings before interest and tax (EBIT) for the jewellery segment rose about 18 per cent YoY, and the standalone jewellery EBIT margin was 11.9 per cent. Titan guided for 15-20 per cent jewellery sales growth in FY26, while maintaining an EBIT margin of 11-11.5 per cent. The company stated that lab-grown diamonds (LGDs) have not had a bearing on the prices or demand for smaller natural diamonds, which contribute over 95 per cent of studded sales. Titan is undecided on whether to enter the LGD market, as consumer behaviour is uncertain and unit economics are not established. On the management side, Ajoy Chawla, currently chief executive officer (CEO) of the jewellery division, will succeed Venkat as managing director (MD) from January 2026. Standalone recurring jewellery sales (excluding bullion) grew 25 per cent YoY to ₹11,230 crore. Domestic jewellery sales grew 23.4 per cent YoY, driven by growth in gold (27 per cent YoY) and coins (64 per cent YoY). Secondary sales growth was 20 per cent YoY (lower than primary due to channel loading pre-Akshay Tritiya), aided by higher gold prices. Same-store sales growth (SSSG) was 15 per cent YoY (versus Kalyan's 21 per cent). Studded jewellery growth was 12 per cent YoY. Tanishq's primary overseas sales from 21 stores were up 87 per cent YoY to ₹390 crore. CaratLane grew 23 per cent YoY, aided by 5 per cent buyer growth. The EBIT margin stood at 7.9 per cent (up 70 bps YoY), with studded sales up 19 per cent YoY. CaratLane added 9 stores. Watches and wearables grew 19.8 per cent YoY (domestic at 17.8 per cent YoY). Four net new stores were added in Titan World and five net new stores in Helios. The EBIT margin was up 330 bps YoY to 11.8 per cent. The Eyecare division grew 15.7 per cent YoY, and EBIT margin was up 560 bps YoY to 10.4 per cent. Titan Eye+ opened 12 new stores and closed 32, resulting in net 20 closures. Taneira sales growth of 15 per cent was led by a rise in saree values. Fragrances were up 56 per cent YoY, while the women's bag segment grew 61 per cent. LFL domestic growth for Tanishq, Mia, and Zoya was in low double digits, driven by ticket size growth, while CaratLane had better growth. Following the business update on Monday, the stock fell over 6 per cent on Tuesday to ₹3,441. According to Bloomberg, 7 of the 11 analysts polled since Monday are bullish, while two each are neutral and bearish. Their average one-year target price is ₹3,768.
News18
27-06-2025
- General
- News18
Aaj Ka Panchang, June 28, 2025: Tithi, Vrat, Saturday's Shubh And Ashubh Muhurat
Last Updated: Aaj Ka Panchang, June 28, 2025: Check out tithi, auspicious and inauspicious timings, and other details here. AAJ KA PANCHANG, JUNE 28, 2025: The Tritiya and Chaturthi Tithis of Shukla Paksha fall on Saturday, June 28, marking the observance of Vinayaka Chaturthi. Consulting the Tithi calendar on such auspicious days is considered beneficial, as it outlines favourable and unfavourable muhurats for significant tasks. Planning important activities in alignment with these timings is believed to enhance success and minimise obstacles. SUNRISE, SUNSET, MOONRISE AND MOONSET ON JUNE 28 On June 28, the sun is expected to rise at 5:26 AM and set at 7:23 PM. The moon will rise around 8:09 AM and is likely to set by 10:04 PM. TITHI, NAKSHATRA AND RASHI DETAILS FOR JUNE 28 On June 28, Tritiya Tithi will remain in effect until 9:53 AM, after which Chaturthi Tithi will begin. Pushya Nakshatra will be active until 6:35 AM, followed by the start of Ashlesha Nakshatra. The moon will continue its transit through Karka Rashi, while the sun will stay positioned in Mithuna Rashi. SHUBH MUHURAT FOR JUNE 28 Auspicious timings on June 28 will start with Brahma Muhurat from 4:05 AM to 4:46 AM, followed by Pratah Sandhya from 4:26 AM to 5:26 AM. Abhijit Muhurat will occur between 11:57 AM and 12:52 PM, while Vijaya Muhurat is set for 2:44 PM to 3:40 PM. In the evening, Godhuli Muhurat will take place from 7:22 PM to 7:42 PM, overlapping with Sayahna Sandhya from 7:23 PM to 8:23 PM. The day's favourable periods will wrap up with Nishita Muhurat, observed from 12:04 AM to 12:45 AM on June 29. ASHUBH MUHURAT FOR JUNE 28 The inauspicious timings for June 28 are as follows: Rahu Kalam will be observed from 8:55 AM to 10:40 AM, followed by Yamaganda Muhurat from 2:09 PM to 3:54 PM, and Gulikai Kalam between 5:26 AM and 7:10 AM. Dur Muhurat will occur twice during the day—first from 5:26 AM to 6:22 AM, and then again from 6:22 AM to 7:17 AM. First Published:
News18
13-06-2025
- General
- News18
Aaj Ka Panchang, June 14, 2025: Tithi, Vrat And Today's Shubh, Ashubh Muhurat
Last Updated: Aaj Ka Panchang, June 14, 2025: Devotees will celebrate Krishnapingala Sankashti Chaturthi today, on Saturday. AAJ KA PANCHANG, JUNE 14, 2025: The Tritiya and Chaturthi Tithis of the Krishna Paksha will fall on Saturday, June 14, according to Drik Panchang. On this day, the only festival being observed is Krishnapingala Sankashti Chaturthi, during which devotees worship the Krishnapingala form of Lord Ganesha. It is advised to consult the Tithi and take note of both favourable and unfavourable muhurats before starting any significant task. Being mindful of these timings can contribute to a more successful and hassle-free day, helping you navigate challenges more effectively. The sun is expected to rise at 5:23 AM and set at 7:20 PM. The moon is likely to rise at 10:07 PM and set at 7:44 AM the following morning. TITHI, NAKSHATRA, AND RASHI DETAILS FOR JUNE 14 The Tritiya Tithi will remain in effect until 3:46 PM on June 14, after which the Chaturthi Tithi will begin. The Uttara Ashadha Nakshatra will continue until 12:22 AM on June 15, when it will be succeeded by the Shravana Nakshatra. The moon will stay in Dhanu Rashi until 5:38 AM, after which it will move into Makara Rashi, while the sun will continue its presence in Vrishabha Rashi. SHUBH MUHURAT FOR JUNE 14 The Brahma Muhurat will start the auspicious timings on June 14 at 4:02 AM and last till 4:43 AM. Vijaya Muhurat will take place from 2:41 PM to 3:37 PM, after Pratah Sandhya, which will take place from 4:23 AM to 5:23 AM. The hours of the Abhijit Muhurat are 11:54 AM to 12:49 PM. In the evening, Godhuli Muhurat will take place from 7:19 to 7:39, and Sayahna Sandhya will follow from 7:20 to 8:20. Lastly, the Nishita Muhurat will take place from 12:01 AM to 12:42 AM on June 15. The time of the Amrit Kalam Muhurat is set for 5:41 PM to 7:21 PM. ASHUBH MUHURAT FOR JUNE 14 The inauspicious hours of the day are as follows: Rahu Kalam will take place from 8:52 AM to 10:37 AM, while Yamaganda Muhurat is scheduled for 2:06 PM to 3:51 PM. Gulikai Kalam will take place between 5:23 AM and 8:08 AM. The Dur Muhurtam will take place twice, from 5:23 AM to 06:19 AM and from 6:19 AM to 07:14 AM.
India Today
04-06-2025
- General
- India Today
Puri Jagannath Rath Yatra 2025: Date, schedule and all you need to know
The Jagannath Puri Rath Yatra, one of India's most revered festivals, is scheduled to commence on June 27, 2025, in Puri, Odisha. This annual event, also known as the Festival of Chariots, celebrates the journey of Lord Jagannath, his brother Balabhadra, and sister Subhadra from the Jagannath Temple to the Gundicha Temple. The festival attracts millions of devotees from around the world, eager to partake in its rich traditions and spiritual DATES AND RITUALSAkshaya Tritiya (April 30, 2025): Marks the beginning of the festival preparations, including the commencement of chariot Purnima (June 11, 2025): The deities are bathed in 108 pots of holy water in a grand ceremony known as the 'Snana Yatra.' Anavasara (June 13–26, 2025): Following the Snana Purnima, the deities are believed to fall ill and rest in isolation for 15 days, during which they are not available for public Marjana (June 26, 2025): The Gundicha Temple is thoroughly cleaned to prepare for the arrival of the Yatra (June 27, 2025): The main event where the deities are placed on their respective chariots and pulled to the Gundicha Temple by thousands of Panchami (July 1, 2025): A ritual that marks Goddess Lakshmi's visit to the Gundicha Temple in search of Lord Darshan (July 3, 2025): An auspicious evening viewing of the deities at the Gundicha Yatra (July 5, 2025): The return journey of the deities to the Jagannath Besha (July 6, 2025): The deities are adorned with gold ornaments in a grand Pana (July 7, 2025): A sweet drink is offered to the deities on their Bijay (July 8, 2025): Marks the deities' return to the sanctum of the Jagannath Temple, concluding the DETAILSEach deity has a dedicated chariot, constructed anew each year from specific types of wood:Nandighosha: Lord Jagannath's chariot, featuring 16 wheels and standing approximately 44.2 feet Lord Balabhadra's chariot, with 14 wheels and a height of about 43.3 Goddess Subhadra's chariot, comprising 12 wheels and reaching a height of 42.3 chariots are ornately decorated and are pulled by devotees through the streets of Puri, symbolising the communal devotion and unity amongst Ratha Yatra is not only a religious event but also a cultural spectacle that embodies themes of devotion, equality, and community. It offers devotees a rare opportunity to have a direct glimpse of the deities, as they are traditionally housed within the temple and not visible to the in the chariot pulling is considered highly auspicious, believed to bring spiritual merit and those planning to attend, it's advisable to arrange accommodations well in advance due to the large influx of festival's vibrant atmosphere, combined with its deep spiritual roots, makes the Jagannath Puri Rath Yatra a truly transformative experience for all who partake.
News18
30-04-2025
- General
- News18
Akshaya Tritiya 2025: Wishes, Images, Greetings, Quotes, Messages And WhatsApp Status To Share
Last Updated: Happy Akshaya Tritiya Wishes 2025: Share these heartfelt wishes, images, quotes, messages, and WhatsApp status updates with your family and friends. Akshaya Tritiya Wishes, Quotes, Photos, Messages And Status 2025: Akshaya Tritiya is one of the most auspicious festivals celebrated across India by the Hindu community. Also known as Akha Teej, it falls on the third lunar day (Tritiya) of the Shukla Paksha in the month of Vaishakha, according to the Hindu calendar. As per Drik Panchang, this year, the festival is being celebrated today, on April 30. The term Akshaya means 'eternal' or 'never diminishing,' whereas Tritiya refers to the 'third' day. True to its name, it is thought that every good deed, investment, or beginning on this day will result in long-term success and wealth. As we celebrate this day today, April 30, here's a list of Wishes, Quotes, Messages, Greetings and WhatsApp statuses to share with your loved ones. Akshaya Tritiya Wishes May the blessings of Akshaya Tritiya bring you eternal joy and good fortune. May your investments and endeavours today bring you success and prosperity. Wishing you a divine Akshaya Tritiya full of peace, happiness and good fortune. Akshaya Tritiya Messages All your efforts may yield success and bring you closer to achieving your dreams. As we embark on a new journey of progress and accomplishment, we must remember the value of being humble and grateful to those in our lives. May the Gold that you purchase on this day bring you countless opportunities and blessings of the Almighty. May this Akshaya Tritiya bring you endless happiness and abundance. I wish you a year filled with innovation and prosperity. Every golden ray of the sun may enrich your life with joy and prosperity. Wishing you a happy Akshaya Tritiya. Akshaya Tritiya Quotes 'Akshaya Tritiya reminds us that real wealth is found in the depths of our hearts and the abundance of our blessings." 'On Akshaya Tritiya, let us sow the seeds of goodness, generosity, and compassion, knowing that the harvest will be bountiful." 'Akshaya Tritiya teaches us the important lesson of embracing change and seizing opportunities for growth and abundance." 'Akshaya Tritiya represents the beginning of new initiatives and the continuous flow of wealth. May this day bring you numerous possibilities and achievements." 'May the divine energy of Akshaya Tritiya encourage us to embark on a road of never-ending growth, prosperity and spiritual evolution." Sending you my heartfelt wishes for a happy and blessed Akshaya Tritiya. May this day bring you good fortune, success and happiness. I wish you not just one day, but an entire lifetime of good fortune and success. Happy Akshaya Tritiya! On this auspicious festival of Akshaya Tritiya, may Lord Vishnu bless you with wealth and success. May Lord Kubera, the God of Wealth, bestow his heavenly blessings on you this Akshaya Tritiya, bringing wealth and success into your life. On this Akshaya Tritiya, let us embrace the spirit of giving and spread our blessings to others. Happy Akshaya Tritiya, everyone. ALSO READ: Akshaya Tritiya 2025: 5 Auspicious Purchases To Bring Home Prosperity Akshaya Tritiya WhatsApp Status The Sanskrit word 'akshaya" refers to the one that never disappears. May this day of Akshaya Tritiya bring you endless good luck and fortune. Happy Akshaya Tritiya! Wishing you and your family a Happy Akshaya Tritiya full of love, laughter and prosperity that expands with each passing day. Stay blessed! This Akshaya Tritiya, may your life be filled with an abundance of blessings, opportunities, and never-ending wealth. Have a blessed day!" Happy Akshaya Tritiya! May the divine blessings of Lord Vishnu and Goddess Lakshmi shower upon you, pouring your life with endless success. May the auspicious day of Akshaya Tritiya bring you new possibilities, success, and wealth without limitations. Happy Akshaya Tritiya!. Have a happy and blessed Akshaya Tritiya. The News18 Lifestyle section brings you the latest on health, fashion, travel, food, and culture — with wellness tips, celebrity style, travel inspiration, and recipes. Also Download the News18 App to stay updated! tags : Akshaya Tritiya art and culture Happy Akshaya Tritiya lifestyle Location : Mumbai, India, India First Published: April 30, 2025, 06:00 IST News lifestyle Akshaya Tritiya 2025: Wishes, Images, Greetings, Quotes, Messages And WhatsApp Status To Share
