Titan flags 8-9% retail CAGR to FY30 as United Spirits exits Hyderabad plant
Titan's management pegs India retail market growth at 8-9% CAGR through FY30. United Spirits will halt Hyderabad manufacturing by Aug 31, a unit that booked Rs 599 cr FY26 revenue. Ola Electric closes Rs 780 cr QIP at 5% discount; IndiGo trims six international routes.
What happened
Titan Company · Titan guides 8-9% retail market CAGR through FY30. United Spirits to cease Hyderabad manufacturing by Aug 31 (Rs 599 cr FY26 revenue). Ola
Key facts
- 8-9% retail market CAGR through FY30
- Rs 780 crore Ola Electric QIP
- Rs 599 crore United Spirits Hyderabad FY26 revenue
Why this matters
United Spirits shedding a Rs 599 cr revenue plant opens potential asset deals, and Ola's discounted QIP plus IndiGo's route pruning hint at a buyer's market for distressed capacity.