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via thehindubusinessline.comBusiness & Companies

Tanishq bets on late festive pickup and wedding demand to drive growth

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Analysts, meanwhile, expect like-for-like (LFL) growth in gold jewellery to moderate to 22% from 33% in the previous quarter, as gold price inflation eases to 45% from 55%

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralGrowth outlook for an Indian jeweller, with limited implications for global markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Analysts expect like-for-like gold jewellery growth to moderate to 22% from 33%.
  2. 02Gold price inflation eases to 45% from 55%.

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