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Titan Industries rises as its arm plan to invest Rs 1,000 crore for retail network expansion

06 May 2013 Evaluate

Titan Industries is currently trading at Rs. 274.00, up by 3.40 points or 1.26% from its previous closing of Rs. 270.60 on the BSE.

The scrip opened at Rs. 273.40 and has touched a high and low of Rs. 276.65 and Rs. 270.00 respectively. So far 113409 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 313.60 on 30-Nov-2012 and a 52 week low of Rs. 203.90 on 05-Jun-2012.

Last one week high and low of the scrip stood at Rs. 278.70 and Rs. 261.05 respectively. The current market cap of the company is Rs. 24307.59 crore.

The promoters holding in the company stood at 53.05% while Institutions and Non-Institutions held 21.89% and 25.05% respectively.

Titan Industries’ - jewellery retail chain arm - Tanishq, will be investing more than Rs 1,000 crore this fiscal in opening new stores across the country. The arm is planning to launch as many as 29 new stores this fiscal. Among them, the firm will open 8 to 10 outlets in eastern India at an investment of about Rs 200 crore.

Tanishq currently has 146 retail stores in the country including 20 retail stores in the eastern region. Tata Group’s jewellery brand unveiled a special edition of gold coins to pay tribute to Nobel laureate Rabindranath Tagore on his 152nd birth anniversary.

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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