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Titan Company Ltd (TITAN)

₹3452.052.02%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Titan Company Ltd share Performance

  • ₹3,377.75
    ₹3,460.4
    ₹3452.05
    downward going graph

    2.15%

    Low

    Day's Volatility:2.39%

    High

    0.24%

    downward going graph
  • ₹2,670
    ₹3,886.95
    ₹3452.05
    downward going graph

    22.65%

    Low

    52 Weeks Volatility:35.25%

    High

    12.60%

    downward going graph
1 Month Return-6.86 %
3 Month Return-8.35 %
1 Year Return+ 26.1 %
Previous Close₹3,383.85
Open₹3,383.00
Volume9.78L
Upper Circuit-
Lower Circuit-
Market Cap₹3,00,413.52Cr

Analyst Rating

based on 31 analysts

BUY
61.29%
Buy
25.81%
Hold
12.90%
Sell

Based on 31 analysts offering long term price targets for Titan Company Ltd. An average target of ₹3763.71

Source: S&P Global Market Intelligence

Company Information

Titan Company Ltd is an Indian lifestyle company established in 1984 by Tata Group. It is headquartered in Bangalore, India and is the fifth-largest integrated own brand watch manufacturer in the world.

Titan Company Ltd operates in four business lines - Watches, Jewellery, Eyewear and Accessories. It also has a presence in the retail and e-commerce sectors. The company's top products include watches, jewellery, sunglasses, bags, wallets, and accessories. It runs popular brands such as Titan, Fastrack, Sonata, Tanishq, Zoya, and many more.

Titan Company Ltd has more than 5,000 retail stores located in over 2,200 cities and towns in India. It has also established a strong presence in the global market, with its products being sold in over 30 countries worldwide. The company has also acquired several international brands such as CaratLane, Skagen, and Helios.

Share Price: ₹3452.05 per share as on 23 May, 2024 04:01 PM
Market Capitalisation: ₹3,00,413.52Cr as of today
Revenue: ₹11,229.00Cr as on March 2024 (Q1 24)
Net Profit: ₹771.00Cr as on March 2024 (Q1 24)
Listing date: 03 Nov, 1994
Chairperson Name: N N Tata
OrganisationTitan Company Ltd
HeadquartersBangalore
IndustryDiamond, Gems and Jewellery
E-voting on sharesClick here to vote

Key events for Titan Company Ltd

  • Bullish AB=CD pattern suggests potential reversal for Titan Company Ltd - 18 May, 2024

    Technical analysis indicates a Bullish AB=CD pattern with a 1:1 leg ratio and a complex W-shaped structure in the oversold zone of the RSI indicator, suggesting an upward price movement. Investors are advised to buy within Rs 3,330-3,365 with a target set at 3,600 and stop-loss order at 3,235.

  • Titan Co. CEO Expects Continued Discounting in Jewelry - 12 May, 2024

    Ajoy Chawla, CEO of Titan's jewelry division, stated that higher discounting will continue due to low consumer demand amid elections and few wedding dates in Q2.

  • Titan Expects Stronger Gold Jewellery Demand in H2FY25 - 09 May, 2024

    Despite margin pressure, Titan has retained its FY25 jewellery margin guidance at 12-13%. The retailer reported a 19% revenue growth in its jewellery business and noted higher YoY growth in plain gold jewellery and coins compared to studded pieces. In response to the rally in gold prices, Titan is promoting more everyday jewellery and lightweight gold pieces.

  • Titan Company Shares Plunge After Disappointing Q4 Results - 07 May, 2024

    Titans Q4 performance was hit by lower-than-expected EBITDA margin, resulting in a significant drop in its share price. Analysts recommend accumulating the stock despite softer demand and competition. Rekha Jhunjhunwala suffers a loss of over Rs 800 crore due to the fall in Titans share price.

  • Titan Company Misses Analyst Estimates, Begins Search for New CEO - 06 May, 2024

    Titan Company's Q4FY24 results miss analyst estimates due to weaker-than-expected jewellery margins, leading to downgraded earnings projections for FY25 and FY26. The company also begins search for a new CEO. Despite near-term jitteriness, Titan remains aggressive in its growth outlook driven by new store additions, attractive designs, and market share gains.

  • Titan Reports Strong FY 2024 Results and Begins Search for New CEO - 05 May, 2024

    Titan Company reported strong FY 2024 results with revenue exceeding analyst estimates by 4.7%, but EPS missing estimates by 2.8%. The company is set to begin its search for a new CEO. Shares are down 1.4% from a week ago.

  • Titan Reports Strong Q4 Results; Shares Downgraded by Nuvama - 04 May, 2024

    Titan Company reported a strong Q4 FY24 performance with a 17.47% YoY increase in revenue from operations. However, brokerage firm Nuvama downgraded the company's shares to hold with a revised target price of Rs 3,867 due to weaker jewellery margins that are expected to persist in the near term.

  • Titan Reports Strong Financial Results for FY24 - 03 May, 2024

    Titan Company reports a strong financial performance for FY24, with consolidated PAT of Rs 3,496 crore and total income of Rs 47,501 crore. The company also declared a dividend of Rs 11 per equity share. Titan aims to improve jewellery business margins after a decline in EBIT margin for Q4 FY24 and full year.

  • Titan Expected to Report Strong Q4 Results - 02 May, 2024

    Titan is expected to post strong Q4 results with high double-digit growth in revenue and net profit, driven by the jewellery segment. The company has already reported a 12% growth in net sales for the quarter, led by an 18% growth in standalone jewellery business. Analysts estimate that the EBITDA margin may see an uptick of 40 basis points on an annual basis.

  • Titan Company Ltd Falls 0.36% Today - 30 Apr, 2024

    Titan Company Ltd fell 0.36% to trade at Rs 3592, while the S&P BSE Consumer Durables index is down 0.08%. The stock has lost 5.59% over the last month compared to a 5.49% gain in the index and a 1.56% rise in the SENSEX.

  • Titan Company's Success Attributed to Diversification Strategies - 24 Apr, 2024

    A report highlights Titan Company's success in the Indian market, citing innovative strategies and diversification of its portfolio through branching into the jewelry business with Tanishq. The company's flexible resource allocation demonstrates a keen understanding of India's evolving market dynamics.

Fundamentals of Titan Company Ltd

Insights on Titan Company Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 18.89% to 19.00% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Safari Industries India Ltd has given 62.6% return, outperforming this stock by 36.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Safari Industries India Ltd has given 583.8% return, outperforming this stock by 461.3%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 52.90% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 14.3K Cr → 12.65K Cr (in ₹), with an average decrease of 11.5% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, TITAN stock has moved down by -6.9%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 1.05K Cr → 771.0 Cr (in ₹), with an average decrease of 26.8% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 5.54% to 5.46% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 17.77% to 17.55% in Mar 2024 quarter

Titan Company Ltd Valuation

Titan Company Ltd in the last 5 years

  • Overview

  • Trends

Lowest (47.14x)

March 23, 2020

Today (85.88x)

May 22, 2024

Industry (112.54x)

May 22, 2024

Highest (188.88x)

December 30, 2020

LowHigh

Mutual Fund Holdings

Funds Holdings
UTI Flexi Cap Fund - Growth Option - DirectUTI Flexi Cap Fund - Growth Option - Direct2.96%
Axis Bluechip Fund Direct Plan GrowthAxis Bluechip Fund Direct Plan Growth1.85%
ICICI Prudential Balanced Advantage Fund Direct Plan GrowthICICI Prudential Balanced Advantage Fund Direct Plan Growth0.93%
Canara Robeco Emerging Equities Direct Plan Growth OptionCanara Robeco Emerging Equities Direct Plan Growth Option1.8%
Aditya Birla Sun Life Frontline Equity Fund Direct Plan GrowthAditya Birla Sun Life Frontline Equity Fund Direct Plan Growth1.41%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
52.9%
0.00
Foreign Institutions
19%
0.00
Mutual Funds
5.46%
0.00
Retail Investors
17.55%
0.00
Others
5.09%
0.00

Technicals of Titan Company Ltd share

News & Events of Titan Company Ltd

News

Tata Motors Partners with Bajaj Finance to Enhance Dealer Financing Options

Tata Motors' subsidiaries, TMPV and TPEM, have joined forces with Bajaj Finance to offer financing programs for authorized passenger and electric vehicle dealer... Read more

22 May, 2024 11:49 AM

Bajaj Finance Share Price Live blog for 23 May 2024

Bajaj Finance Share Price Today Live Updates : Bajaj Finance stock price went down today, 23 May 2024, by -0.01 %. The stock closed at 6748.25 per share. The st... Read more

23 May, 2024 08:03 AM

Bajaj Finance Share Price Live Updates: Bajaj Finance Closes at Rs 6744.55 with 6-Month Beta of 1.4994, Suggesting Moderate Market Correlation

Stay updated with the Bajaj Finance Stock Liveblog, your one-stop destination for real-time information and analysis of a leading stock. Explore the latest upda... Read more

23 May, 2024 08:30 AM
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Titan Company Ltd (TITAN) share price today is ₹3452.05

Titan Company Ltd is listed on NSE

Titan Company Ltd is listed on BSE

  • Today’s highest price of Titan Company Ltd is ₹3460.4.
  • Today’s lowest price of Titan Company Ltd is ₹3377.75.

PE Ratio of Titan Company Ltd is 85.88

PE ratio = Titan Company Ltd Market price per share / Titan Company Ltd Earnings per share

Today’s traded volume of Titan Company Ltd(TITAN) is 9.78L.

Today’s market capitalisation of Titan Company Ltd(TITAN) is ₹300413.52Cr.

Titan Company Ltd(TITANPrice
52 Week High
₹3886.95
52 Week Low
₹2670

Titan Company Ltd(TITAN) share price is ₹3452.05. It is down -11.19% from its 52 Week High price of ₹3886.95

Titan Company Ltd(TITAN) share price is ₹3452.05. It is up 29.29% from its 52 Week Low price of ₹2670

Titan Company Ltd(TITANReturns
1 Day Returns
68.2%
1 Month Returns
-6.86%
3 Month Returns
-8.35%
1 Year Returns
26.1%