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Titan Industries shines on reporting 17% jump in Q1 net profit

02 Aug 2013 Evaluate

Titan Industries is currently trading at Rs. 278.30, up by 18.80 points or 7.24 % from its previous closing of Rs. 259.50 on the BSE.

The scrip opened at Rs. 263.20 and has touched a high and low of Rs. 279.65 and Rs. 263.20 respectively. So far 3, 43,000 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. 200.00 on 13-Jun-2013.

Last one week high and low of the scrip stood at Rs. 267.30 and Rs. 254.50 respectively. The current market cap of the company is Rs. 24,702 crore.

The promoters holding in the company stood at 53.05% while Institutions and Non-Institutions held 22.94% and 24.01% respectively.

The company has posted a rise of 16.88% in its net profit at Rs 182.48 crore for the quarter under review as compared to Rs 156.12 crore for the same quarter in the previous year. Total income has increased by 41.02% at Rs 3145.91 crore for Q1FY14 as compared Rs 2230.86 crore for the corresponding quarter previous year.

Titan is India’s largest manufacturer of quartz watches and has a 60% market share in the Indian market. It is world’s sixth largest manufacturer of branded watches. It has a manufacturing and assembly unit at Hosur in Tamil Nadu.

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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