Why Titan shares are increasing?

Why Titan shares are increasing?

BENGALURU, Oct 7 (Reuters) – Indian shares surged early on Thursday, driven by a near 10% gain in Titan Company after it indicated a strong recovery in demand in the second quarter, while Reliance Industries rose after its retail arm said it would launch 7-Eleven stores in India.

Will Titans rise?

Will Titan stock price grow / rise / go up? Yes. The Titan Company Limited stock price can go up from 2392.900 INR to 2814.920 INR in one year.

What is PE ratio of Titan company?

Check why Titan Company Ltd. Share Price is DOWN by 0.85% as on 18 Nov, 2021, 15:59 PM – NDTV Profit….Titan Co’s Key Fundamentals.

Parameter Values
Price To Earnings (P/E) Ratio 164.23
Book Value Per Share (₹) 58.50
Price To Books (P/B) Ratio 42.36
EBIT Margin (%) 10.34

What does Titan company do?

Titan Company Ltd is the world’s fifth largest wrist watch manufacturer and India’s leading producer of watches. The company is engaged in manufacturing of watches jewelry precision engineering and Eyewear. They produce watches under the brand name Titan Fastrack Sonata Nebula RAGA Regalia Octane & Xylys.

Is Titan owned by Tata?

Titan Company Limited (Titan), a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO), commenced its operations in 1984 under the name Titan Watches Limited. Titan is the fifth largest integrated own brand watch manufacturer in the world.

How much did Rakesh Jhunjhunwala invest in Titan?

Titan share price settled at Rs 2,146.80 per share on Wednesday afternoon, where the value of Rakesh Jhunjhunwala’s investment in the firm stood at Rs 9,156 crore.

How good is Titan brand?

Coming to the question, Titan watches are considered as a well-known brand. It feels proud to say that Titan is an Indian brand and is well praised by Indians. Titan watches are really durable and their collections such as Raga, Grandmaster, Octane, Edge, Nebula, Xylys are amazing pieces of engineering.

Does Tata own Titan?

Is Titan watch a good brand?

What is the income of Rakesh Jhunjhunwala?

Rakesh Jhunjhunwala Net Worth is $6.10 Billion (Rs….Rakesh Jhunjhunwala Net Worth 2021 – Earnings, Business, Bio.

Net Worth: $6.10 Billion
Name: Rakesh Jhunjhunwala
Net Worth In Indian Rupees: 45400 Crore INR
Salary: 1120 Crore +
Monthly Income: 100 Crore +

What was the stock price of Titan in 2008?

The all-time high Titan stock closing price was 36.97 on July 31, 2008. The Titan 52-week high stock price is 11.82, which is 42.2% above the current share price. The Titan 52-week low stock price is 2.51, which is 69.8% below the current share price.

What is the dividend yield of Titan Company?

For the year ending June 2019 Titan Company has declared an equity dividend of 500.00% amounting to Rs 5 per share. At the current share price of Rs 1148.55 this results in a dividend yield of 0.44%.

What is the market cap of Titan Company?

Titan Company Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 103400.45 Crore) operating in Gems and Jewellery sector.