Titan Company Ltd.

BSE: 500114 | NSE: TITAN
Large Cap | Diamond & Jewellery
4141.95
-54.95 (-1.31%)
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Titan Industries surges on plans to increase its product line

Date: 25-06-2013

Titan Industries is currently trading at Rs. 226.00, up by 4.20 points or 1.89% from its previous closing of Rs. 221.80 on the BSE.

The scrip opened at Rs. 224.05 and has touched a high and low of Rs. 227.35 and Rs. 219.35 respectively. So far 249302 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. 213.50 respectively. The current market cap of the company is Rs. 20046.21 crore.

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

Titan Industries is planning to introduce a wide range of products suited for the emerging lifestyle, after entrenching its presence in watches and jewellery segments over the past 25 years. It is looking at various segments ranging from textile to writing instruments, mobile phones, musical instruments, educational accessories to kitchen equipment among others.

The entity is relying on innovation to a large extent and has been actively moving in various innovations from across its workforce. It has established an Innovation School of Management (IScM) to look after the objective of creating the ability to innovate and making it a culture among its employees.