Time period given by analyst is Intra Day when Titan Company Ltd. price can reach defined target.
Titan Company Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 192094.73 Crore) operating in Gems and Jewellery sector.
Titan Company Ltd. key Products/Revenue Segments include Jewellery, Watches, Gold, Eyewear, Traded Goods, Precious & Semi Precious Stones, Other Operating Revenue, Other Services for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 3519.00 Crore, down -53.40 % from last quarter Total Income of Rs 7551.00 Crore and up 74.21 % from last year same quarter Total Income of Rs 2020.00 Crore. Company reported net profit after tax of Rs 18.00 Crore in latest quarter.
Investment Rationale
Breakout above rising supply line joining major highs since February 2020
Promoter/FII Holdings
Promoters held 52.9 per cent stake in the company as of March 31, 2021, while FIIs held 18.1 per cent, DIIs 11.5 per cent and public and others 17.5 per cent.
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