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

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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.

finance

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%.

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