Titan Company Ltd.

Titan Company is currently trading at Rs. 223.80, up by 1.90 points or 0.86% from its previous closing of Rs. 221.90 on the BSE.

The scrip opened at Rs. 227.80 and has touched a high and low of Rs. 227.80 and Rs. 222.60 respectively. So far 1,35,000 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. 247.35 and Rs. 219.25 respectively. The current market cap of the company is Rs. 19,868.00 crore.

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

Titan Company (formerly Titan Industries) has reportedly introduced two wrist watches for men and women, ‘Opera’ and ‘Automatic in the Kerala market to mark the occasion of Onam festival.

The ‘Opera’ time piece for women draws inspiration from the magnificent Palais Garnier opera house in Paris. The Automatic from Titan’s fashion collection is a hand-wound masterpiece. It has a dual tone solid link strap and a skeletal look.

Titan Company 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.