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Titan Company advances as its Jewellery business picks up in Q2 FY19

05 Oct 2018 Evaluate

Titan Company is currently trading at Rs. 812.70, up by 36.55 points or 4.71% from its previous closing of Rs. 776.15 on the BSE.

The scrip opened at Rs. 785.00 and has touched a high and low of Rs. 815.95 and Rs. 784.95 respectively. So far 136740 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1006.00 on 18-Apr-2018 and a 52 week low of Rs. 584.00 on 27-Oct-2017.

Last one week high and low of the scrip stood at Rs. 815.95 and Rs. 761.20 respectively. The current market cap of the company is Rs. 70969.63 crore.

The promoters holding in the company stood at 52.91%, while Institutions and Non-Institutions held 27.15% and 19.95% respectively.

Titan Company’s Jewellery business has done well in the second quarter of the current fiscal (Q2 FY19) and witnessed gains in market share. Exciting new collection launches and extended diamond studded activation have resulted in good growth for Q2 FY19 and it is in-line with internal expectations.

The company launched the Gulnaz collection in July 2018 in studded Jewellery which has been receiving good customer response. Business has launched contemporary silver collection, under Mia brand, that is stylish, fashionable and affordable for the young modem woman.

The division added 16 Tanishq stores and closed 2, for the year to date, with the net retail space addition being approximately 35,000 square feet.

Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.

Titan Co Share Price

4513.40 204.90 (4.76%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4513.40
Kalyan Jewell.India 424.65
Rajesh Exports 121.80
Senco Gold 365.45
Thangamayil Jeweller 4247.70
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