Divi lab share price

Representative image. Tata Group's flagship company, Titan Company Ltd's revenue is up by 14 percent, but there is a miss on the margin front. Third quarter EBITDA is also lower due to a 200 basis point compression in the jewellery segment. However, in an exclusive interview with CNBC-TV18, Ashok Sonthalia - Chief Financial Officer of Titan said that the consumers have started to fulfil their purchases again despite gold prices rising. "Quarter three started very well with the festive season. October month did extremely well, and it is typically after that season ends some slowdown happens," Sonthalia said. Shares of Titan Company Ltd were trading in green, up 5.24 percent at 1:24 pm, on February 3, as per BSE. Despite the volatility in demand due to the rising prices of gold, Sonthalia said that the company finds the Q3 retail sales growth satisfying. Speaking on the competition faced by the company, Sonthalia said that the company tackled it well with its marketing … [Read more...] about Consumers flocking to buy gold despite high prices, says Ashok Sonthalia of Titan

Share to Twitter Share to Linkedin The Future Rocks , the online marketplace for lab grown diamond jewelry, launched in 2021. However, co-founder and CEO Anthony Tsang firmly believes that physical activations are key to its ongoing expansion. “Physical activations provide us with the opportunity to interact in person with our customers, to let them see, feel, sense and wear our jewelry. For many, it’s the first time they have seen lab-grown diamonds in person. Doing this, we can engage with our customers 360 degrees: online plus offline.” “Physical activations also enable us to further amplify our marketing and PR efforts as they generate awareness in a different kind of way,” he adds. “Going forward, this is a strategy which we will continue to pursue and refine.” Following launches in Japan and China in the second half of 2022, the platform solidified its footprint in the Japanese market in January with a pop-up at Tokyo's luxury department … [Read more...] about Why The Farfetch Of Lab Grown Diamond Jewelry Is Getting Physical

Share to Twitter Share to Linkedin Bitcoin BTC , ethereum and other major cryptocurrencies have rocketed higher over the last month as the Biden administration unveils a game-changing crypto "roadmap." Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the latest bitcoin and crypto market crash The bitcoin price has climbed above $24,000 per bitcoin this week, up 40% since the beginning of the year to a level not seen since last summer ( earning it a surprise spot on Goldman Sachs 2023 best-performing assets list ). Now, after the Federal Reserve delivered a "surprise" blow to bitcoin and crypto , Binance chief executive Changpeng "CZ" Zhao has warned Wall Street giants could "fall behind" on technology adoption due to the failure of the crypto companies over the last year. It's in a brutal bear market that you need up-to-date information the most! Sign up now for the free … [Read more...] about Binance CEO Issues ‘Existential’ Warning After Wild Bitcoin, Ethereum And Crypto Price Swings

Share to Twitter Share to Linkedin Bitcoin BTC has leveled off since its July rally that saw its price convincingly climb over $20,000— even as the market braces for an earthquake that's "getting closer by the day." Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market crash The bitcoin price, still down almost 70% from its all-time high as lawmakers mull bitcoin's future , is still reeling from various crypto industry collapses that have triggered serious warnings some other major cryptocurrencies could fail . Now, the bitcoin and crypto market is closely watching for the next U.S. consumer price index (CPI) print, due Wednesday, which could mean the Federal Reserve scales back its planned interest rate hike at its September meeting. Want to stay ahead of the market and understand the latest crypto news? Sign up now for the free CryptoCodex — A … [Read more...] about ‘A Positive Catalyst’—Bitcoin Price Now Poised For A Huge $180 Billion Fed Bombshell

Share to Twitter Share to Linkedin Netflix NFLX has revealed what its planned crackdown on password sharing in 2023 could look like in the United States. The streamer published details about password plans implemented in several other countries on a U.S. help page (accidentally, at first) on Wednesday and said it would begin a similar program domestically by second quarter. Netflix has long claimed that password sharing, or allowing those outside the immediate family to use a password to access the streamer’s programming, has dramatically cut into its potential user base. Now, subscribers will need to pay a small fee to add a new user to their account. They will also be required to watch something once a month from home Wi-Fi to log a consistent home address, allowing Netflix to track where the passwords are being used. The streaming giant has predicted the changes could lead some users to cancel their service. That’s certainly one … [Read more...] about How Netflix Crackdown On Password Sharing Might Play Out

Share to Twitter Share to Linkedin In late January Chevron CVX announced fourth quarter and full year 2022 results. Chevron earned a record $36.5 billion profit in 2022, more than doubling 2021 earnings. In addition, Chevron increased its quarterly dividend by 6%, and announced a $75 billion stock buyback : “The Board also authorized the repurchase of the company’s shares of common stock in an aggregate amount of $75 billion. The $75 billion authorization takes effect on April 1, 2023, and does not have a fixed expiration date. It replaces the Board’s previous repurchase authorization of $25 billion from January 2019, which will terminate on March 31, 2023, after the completion of the company’s repurchases in the first quarter 2023.” The Biden Administration Responds This stock buyback announcement got immediate attention from the Biden Administration. In a series of tweets, White House spokesperson Abdullah Hasan wrote: and … [Read more...] about If Chevron Can Sell Shares, Why Can’t They Buy Them Back?

Uber Technologies Inc. ( UBER ) is expected to report fourth-quarter 2022 earnings on 02/08/2023, and the market’s initial reaction could be volatile. Over the past 12 quarters, Uber's adjusted EPS has beat consensus expectations five times, but the stock rose the next day on only two of those occasions. Its average post-earnings move of +2.66%, masks a nearly 9% drop in May 2021 when it beat expectations and an 18.9% gain in August 2022 when it missed estimates by 400%. Clearly, an earnings beat or miss is not the sole basis for a stock moving higher or lower immediately after earnings are released. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors, such as a poor outlook on future growth expectations, non-profit factors like DAUs (tech companies), load factors (airlines), etc. Similarly, unforeseen catalysts, like positive forward guidance or even oversold market conditions leading up to earnings can help a stock’s price … [Read more...] about Here’s How Uber Shares Typically Trade After Earnings

Adani group's stocks have nosedived after the Hindenburg report's release The Reserve Bank of India (RBI) is looking into the details of banks' exposure to Adani group companies and has sought the present status of these loans, people familiar with the matter told Moneycontrol . The RBI has already reached out to some of the major banks which are the lenders to the group and is engaging with lenders to verify the exposure details, one of the persons quoted above said. The Adani group companies have seen shares plummeting following a recent research report by a short-seller which followed the cancellation of group's Rs 20000 crore follow on share sale. An email sent to Adani group seeking a response to this story remained unanswered till the press time. A separate email sent to the RBI too seeking official comment didn't elicit any response. According to a report by CLSA, bank debt that include term loans, working capital and other facilities form just 38 percent of … [Read more...] about RBI looking at banks’ exposure to Adani group companies, seeks present status: Sources

Share to Twitter Share to Linkedin eBay (NASDAQ: EBAY) is scheduled to report its fiscal Q4 2022 results on Wednesday, February 22, 2023. We expect the stock to edge past the consensus estimates of earnings, while revenues will remain in line (just below) with the expectations. The company reported mixed results in the last quarter. Its top line declined by 5% y-o-y to $2.4 billion, mainly due to a decline in website traffic and weakness in international markets. Notably, the website traffic suffered in 2022 due to the normalizing of consumer behavior, in comparison to the levels seen during the Covid-19 pandemic. Further, the key metric - Gross Merchandise Volume decreased 11% y-o-y in Q3. We expect the same trend to follow in the fourth-quarter results. Our forecast indicates that eBay’s valuation is $51 per share, which is 2% above the current market price of around $50. Our interactive dashboard analysis on eBay’s Earnings Preview has more … [Read more...] about EBay Stock To Meet The Revenue Expectations In Q4

Share to Twitter Share to Linkedin Gasoline prices are rising again – up more than 30 cents a gallon in the past month and around 15 cents in the last two weeks alone. Motorists should brace for more pain. One reason is that the global market for refined products is about to be upended by the latest European Union (EU) sanctions on Russia’s petroleum industry. On February 5, the EU will ban imports of Russian refined products like diesel, jet fuel, gasoline, and heating oil. While global oil markets have recently handled a similar ban on Russian crude imports quite well, these product sanctions could be far more disruptive. Markets for refined fuels are much more complex than for crude, with refineries configured to process certain types of feedstock crudes and to manufacture varying slates of products, depending on regional demand patterns. The issue for Europe is that it relies on Russia for about 40 percent of its refined product imports and … [Read more...] about EU’s Ban On Russian Diesel To Stoke Turmoil In Global Fuel Markets