Titan Company Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 149600.85 Crore) operating in Gems and Jewellery sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 7551.00 Crore, down -1.41 % from last quarter Total Income of Rs 7659.00 Crore and up 58.86 % from last year same quarter Total Income of Rs 4753.21 Crore. Company reported net profit after tax of Rs 568.00 Crore in latest quarter.
Investment Rationale
A resolute breakout above the last five months range (1610-1400) and MACD in buy mode
Promoter/FII Holdings
Promoters held 26.7 per cent stake in the company as of March 31, 2021, while FIIs held 29.6 per cent, DIIs 14.2 per cent and public and others 21.6 per cent.
(Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)
