Titan Archives

Titan Company Rating ‘Buy’; A subdued fourth quarter for company

Titan Company (Titan) reported an expected subdued quarter with sales down 3% YoY for the jewellery segment. A strong Q4FY21 base (up 71% YoY), impact of Covid in Jan-22 and gold price volatility in Mar-22 were the key factors halting growth (9MFY22 growth of 46%). Watches/Eyewear clocked 12%/5% growth. Titan highlighted that underlying demand continued …

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April 11, 2022
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Titan share price falls 2% on weak Q4 growth in jewellery biz; stocks may rally 20%, should you buy?

Titan Company share price fell over 2 per cent on Thursday, a day after the company reported sluggish growth in its jewellery business in March quarter of FY22 (Q4FY22). The shares of the Tata Group company were quoting at Rs 2,481, down 2.34 per cent on BSE. In comparison, the BSE Sensex was at 59,273, …

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April 7, 2022
254
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We plan to play on the front foot in FY23 to keep the momentum going: Ashok Sonthalia, chief financial officer, Titan

Titan posted a 135% rise in its net profit in Q3, while revenue grew 36% and total income rose 31%. By Rajesh Kurup Buoyed by the festive season, Titan Company posted a 135% rise in net profit in the quarter ended December 31, and expects the momentum to continue into Q4. The luxury products company, …

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March 3, 2022
259
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Titan share falls: Buy or Sell Rakesh Jhunjhunwala’s favourite stock post Q2 results?

Titan Company stock is currently trading at 47x FY23E earnings, which leaves little room for further upsides in the near‐term Titan Company share price plunged over 5 per cent to Rs 1,187 apiece on a 37.81 per cent on-year decline in its standalone net profit to Rs 199 crore for the quarter ended September 30. …

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October 29, 2020
299
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Rakesh Jhunjhunwala’s wife sold 50,000 Titan shares in Q2; Titan stock gains over 1% from day’s low

Rakesh Radheshyam Jhunjhunwala’s shareholding stood at 4.43 per cent, with no change from April-June quarter Rakesh Jhunjhunwala’s favourite stock Titan Company gained 1.38 per cent from day’s low to Rs 1,229 apiece on BSE, after the company released a shareholding pattern for the period ended September 30, 2020. Earlier in the morning, Titan share price …

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Markets Rakesh Jhunjhunwala Titan

October 15, 2020
350
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Titan Company Rating ‘Buy’; A subdued fourth quarter for company

Titan share price falls 2% on weak Q4 growth in jewellery biz; stocks may rally 20%, should you buy?

We plan to play on the front foot in FY23 to keep the momentum going: Ashok Sonthalia, chief financial officer, Titan

Titan share falls: Buy or Sell Rakesh Jhunjhunwala’s favourite stock post Q2 results?

Rakesh Jhunjhunwala’s wife sold 50,000 Titan shares in Q2; Titan stock gains over 1% from day’s low

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