Titan Share Price: Buy Titan Company, Target Price Rs 2860: ICICI Direct

ICICI Direct has a call to buy on Titan Company with a target price of Rs 2860. The current market price of Titan Company is Rs 2379.15. The period given by the analyst is 3 months when the price of Titan Company Ltd. can achieve the set goal.

Titan Company Ltd., incorporated in 1984, is a large cap company (having a market capitalization of Rs 212718.00 Crore) operating in the gemstone and jewelry business.

The main products/revenue segments of Titan Company Ltd. include jewelry, watches, gold, eyewear, traded goods, precious and semi-precious stones, other operating income and other services for the year ending March 31, 2021.


For the quarter ended 31-12-2021, the company reported consolidated total revenue of Rs 10,094.00 Crore, up 33.73% from last quarter, total revenue of Rs 7,548.00 Crore and in up 31.79% from the same quarter last year, total revenue of Rs 7659.00 Crore. The company reported a net profit after tax of Rs 1012.00 Crore last quarter.

Promoter/Fii Holdings
The promoters held 52.9% of the company’s capital as of September 30, 2021, while the FIIs held 19.06% and the DIIs 10.1%.

(Disclaimer: The recommendations given in this section or any report attached hereto are written by an external party. The views expressed are those of the respective authors/entities. These do not represent the views of Economic Times (ET). AND does not warrant or endorse any of its content and hereby disclaims all warranties, express or implied, in connection therewith Please consult your financial adviser and seek independent advice.


Comments are closed.