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Titan gains on logging 22% growth in jewellery division during FY19

05 Apr 2019 Evaluate

Titan is currently trading at Rs. 1112.20, up by 5.30 points or 0.48% from its previous closing of Rs. 1106.90 on the BSE.

The scrip opened at Rs. 1124.95 and has touched a high and low of Rs. 1130.75 and Rs. 1107.60 respectively. So far 100796 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1146.30 on 01-Apr-2019 and a 52 week low of Rs. 731.70 on 09-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1146.30 and Rs. 1095.00 respectively. The current market cap of the company is Rs. 99023.67 crore.

The promoters holding in the company stood at 52.91%, while Institutions and Non-Institutions held 26.81% and 20.29% respectively.

Titan has logged 22% growth in jewellery division during FY19. The watches division had a good year with a revenue growth of around 16%, led by launch of exciting products and refreshing collections across brands - Titan, Fastrack and Sonata, during the year. E-commerce channel has been the biggest growth driver for the division during the year.

Further, Eye Wear division continues to progress well on its vision of serving 10 million customers in a year, by FY23, with increase in customers from 2.5 million to 3. 5 million in FY19 and has ended the year with a revenue growth of around 23% in FY19.

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

4358.25 -13.70 (-0.31%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4358.25
Kalyan Jewell.India 415.50
Rajesh Exports 120.70
Senco Gold 344.65
Thangamayil Jeweller 4080.55
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