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    Titan hits record on gold import report

    Titan Industries rose to a record on a Press Trust of India report carried by newspaper Economic Times that the a unit of the Commerce Ministry will allow the company to import gold directly from overseas market.

    April 02, 2012 / 18:45 IST
       
       
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      Titan Industries rose to a record on a Press Trust of India report carried by newspaper Economic Times that the a unit of the Commerce Ministry will allow the company to import gold directly from overseas market.


      At present, only authorised agencies and public sector units like MMTC are allowed to import gold directly.


      Titan shares were last up 5.9%, after gaining as high as a record Rs 265 earlier in the session.


      Shares in Titan have surged 34% in the year to date as of Friday's close.

      first published: Apr 2, 2012 06:43 pm

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