Titan Company Share Price rises by 3.26%, know from experts how far the price can go
Titan Company Ltd., a leading Indian conglomerate known for its iconic watch and jewelry brands, has once again captured the attention of investors with its remarkable share price performance. As of today, Titan’s share price has reached a new high, showcasing the company’s resilience and growth potential amidst the ever-changing market dynamics.
Main Points
Metrics Values Today’s Low 3,600.40 Today’s High 3,753.95 52W Low 3,055.65 52W High 3,886.95 Open 3,616.60 Prev. Close 3,607.70 Volume 25,54,986 Total Traded Value 952 Cr Upper Circuit 3,968.45 Lower Circuit 3,246.95 Market Depth Buy Order Quantity 44.47% Sell Order Quantity 55.53%
Factors Contributing to Titan’s Success
Titan’s success can be attributed to several factors, including its strong brand presence, diversified product portfolio, and strategic expansion into new markets. The company’s focus on innovation and customer-centric approach has helped it maintain its position as a market leader in the watch and jewelry segments.
Moreover, Titan’s commitment to sustainability and corporate social responsibility has resonated with consumers, further strengthening its brand image and loyalty. The company’s recent initiatives in the eyewear and accessories segments have also contributed to its growth, diversifying its revenue streams and attracting new customer segments.
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Fundamentals analysis of Titan Company Share Price
| Fundamentals | Values |
|---|---|
| Market Cap | ₹3,20,402 Cr |
| ROE (Return on Equity) | 37.22% |
| P/E Ratio (TTM) | 92.75 |
| EPS (TTM) | 38.91 |
| P/B Ratio | 34.11 |
| Dividend Yield | 0.31% |
| Industry P/E | 84.30 |
| Book Value | 105.80 |
| Debt to Equity | 1.65 |
| Face Value | 1 |
Financial Performance
Titan’s financial performance has been consistently strong, with the company reporting robust revenue growth and profitability in recent years. In the last financial year, Titan reported a revenue of ₹51,617 crores and a profit of ₹3,496 crores, showcasing its ability to generate value for its shareholders.
The company’s strong balance sheet and prudent financial management have also been key factors in its success, allowing it to navigate through challenging market conditions and capitalize on growth opportunities.
Future Outlook
As Titan continues to expand its footprint and diversify its offerings, the company’s future outlook remains positive. The growing middle-class population in India, coupled with the increasing disposable incomes, presents a significant opportunity for Titan to further strengthen its market position and drive growth.
Moreover, the company’s focus on digital transformation and e-commerce has positioned it well to cater to the changing consumer preferences and adapt to the evolving market landscape.
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