Titan Company Ltd Share Price (TITAN)

Titan in Talks with Apple for iPhone Camera Modules - 16 Apr, 2024

Titan Company is reportedly in advanced discussions with Apple to assemble and produce sub-components for the camera modules used in iPhones. If a deal is struck, it could mean a deeper network of Indian suppliers for Apple as it moves more of its operations from China.

Titan's Strong Q4 Results Boost Target Price - 09 Apr, 2024

Titan Company reports good growth across its businesses in Q4, leading HSBC Global Research to raise the company's target price. Both Titan and Kalyan Jewellers see strong demand prints, with ICICI Securities maintaining earnings estimates. The appeal of gold as a store of value continues to aid this tailwind.

Titan Reports Strong Q4 Performance with Double-Digit Revenue Growth - 08 Apr, 2024

Titan Company Ltd. reports a high double-digit revenue growth in Q4 FY24, driven by strong performances from its jewellery and emerging businesses. Brokerages remain bullish on the company's stock, which saw a 17% YoY standalone revenue growth and an addition of 86 new stores during the quarter.

Titan Company Reports 17% YoY Revenue Growth in Q4 - 07 Apr, 2024

Titan Company reported a year-on-year revenue growth of nearly 17% in the quarter ended March 2024. The jewellery business revenue grew by 18%, while watches business grew by 6%. Emerging businesses, Taneira and CaratLane, saw significant growth with revenues growing by 37% and 30% respectively. However, eyecare business saw a decline of 1%. Titan Company has a retail network presence of 3,035 stores.

Titan Company Reports 17% YoY Revenue Growth - 06 Apr, 2024

Titan Company reported a revenue growth of 17% YoY for Q4 2023, led by the Jewellery division's domestic growth of 19%. The Watches & Wearables business grew 7%, while Taneira and Caratlane businesses jumped 37% and 30% YoY respectively. Eyecare division's revenue declined 1% YoY. Titan added 86 stores during the quarter.

Titan Reports Strong Revenue Growth in Q4 FY24 - 05 Apr, 2024

Titan Company Ltd. reports a 17% YoY revenue growth in Q4 FY24, driven by robust performance in the jewellery segment and emerging businesses. The company added 86 stores during the quarter, taking its total retail network to 3,035 stores.

Titan Shares Slip, Rahul Gandhi Owns Stake in Company - 04 Apr, 2024

Shares of Titan slip slightly while Rahul Gandhi reveals ownership of Rs 32.58 lakh worth of the company's shares. Motilal Oswal maintains a BUY rating with a target price of Rs 4,300 based on 65x FY26 EPS. Suparna Mitra joins Swiggy board.

Motilal Oswal Securities Advocates for Increase in Portfolio Weights for Consumer Products Companies - 03 Apr, 2024

Motilal Oswal Securities suggests a Buy rating on Titan Company Ltd with a target price of Rs 4,300 per share, presenting a 14% upside potential. The brokerage house cites favorable risk-reward balance within the consumer products sector.

MOSL Recommends Buy Rating on Titan Company - 02 Apr, 2024

Titan Company receives a Buy rating from Motilal Oswal with a target price of Rs 4300, indicating an upside of 14%. The company reports a growth in Q3 FY24 total income.

Titan CEO Highlights Impact of Unsold Inventory on Fashion Businesses - 30 Mar, 2024

Suparna Mitra, CEO of Titan Watches & Wearables, has warned about the negative impact of unsold inventory resulting from heavy investments in large-scale production. She recommends a deeper understanding of consumer behavior as a potential solution to break the cycle of excess stock leading to discounted rates.

Analysts Positive on Titan's Long-Term Growth Prospects - 28 Mar, 2024

Multiple analysts have recommended buying Titan Company Ltd with a target price of Rs 4,300 based on steady demand, expansion plans, and long-term growth prospects. The company is expanding its store network and focusing on better execution at existing stores while reducing gold premiums compared to peers. Analysts anticipate a CAGR of 17% in revenue during FY24-26.

Titan Company Recommended as Holi Pick by Choice Broking Executive Director - 22 Mar, 2024

Choice Broking's Sumeet Bagadia recommends buying Titan stock at ₹3625 with a target price of ₹3,900 and ₹4,035, implying an upside potential of up to 11%. Technical indicators suggest that the stock has the potential to reach the target in the near term. Titan reported strong financials with total assets of about ₹25,088 crore and Q3FY24 net profit of ₹1,040 crore, up 9.4% YoY.

Titan Partners with SBI Cards for New Credit Card; Plans Debut of CaratLane Line in US - 21 Mar, 2024

Titan Company has partnered with SBI Cards to launch the Titan SBI Card, while also planning to debut its CaratLane jewelry line in the US in FY25. ICICI Securities has added a call on Titan Company with a target price of Rs 3810.

Titan to Launch CaratLane in the US, Eyes Expansion of Tanishq Brand Overseas - 20 Mar, 2024

Titan plans to launch its CaratLane jewellery line in the US in FY25 and expand its Tanishq brand overseas. The company seeks to cater to rising demand from the large Indian diaspora overseas. In Q3 2023, Titan's jewellery division delivered over 20% YoY revenue growth despite muted demand in other consumption categories.