Titan Company Ltd.

Titan Industries is currently trading at Rs. 183.90, up by 0.20 points or 0.11% from its previous closing of Rs. 183.70 on the BSE.

The scrip opened at Rs. 184.50 and has touched a high and low of Rs. 186.50 and Rs. 182.55 respectively. So far 105784 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 238.25 on 14-Jun-2011 and a 52 week low of Rs. 147.16 on 10-Feb-2011.

Last one week high and low of the scrip stood at Rs. 188.80 and Rs. 180.00 respectively. The current market cap of the company is Rs. 16353.02 crore.

The promoters holding in the company stood at 53.46% while Institutions and Non-Institutions held 19.06% and 27.48% respectively.

Titan Industries’ arm Sonata, which sells 7 million watches every year, is targeting the bottom of the pyramid by launching lowest priced Sonata watch at Rs 275. This watch is positioned as India's most affordable branded watch.

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.