Titan Company Ltd.

Titan Industries is currently trading at Rs. 221.50, down by 1.35 points or 0.61% from its previous closing of Rs. 222.85 on the BSE.

The scrip opened at Rs. 223.10 and has touched a high and low of Rs. 228.75 and Rs. 213.50 respectively. So far 469873 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. 233.15 and Rs. 218.60 respectively. The current market cap of the company is Rs. 19699.97 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 has combined its loyalty programmes across three brands into one Encircle Loyalty card. Earlier it used to run three separate loyalty programmes - Vista for its Titan Eye Plus, Anuttara for Tanishq and Signet for its World of Titan. With this initiative, customers will be able to redeem points across all brand stores. After this move, Titan customers can redeem points across 950 stores of its various brands whereas earlier it was limited to only one channel.

The company, on consolidated basis, registered 20.62% rise in net profit at Rs 725.38 crore in FY13 as against Rs 601.36 crore in previous year. The total income of the company increased to Rs 10224.18 crore as compared to Rs 8942.90 crore in FY12, up by 14.33%.