INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on Titan Company Ltd
with a target price of Rs 1010
The current market price of Titan Company Ltd
is Rs 982.6 Time period given by analyst is Intra Day when Titan Company Ltd
price can reach defined target
Manas Jaiswal recommended to keep stoploss at Rs 964.
Titan Company Ltd., incorporated in 1984, is a largecap company with a market cap of
Rs 87233.87 crore.
Titan Company Ltd
key Products/Revenue Segments include Jewellery which contributed Rs 12906.88 Crore to Sales Value (82.44 % of Total Sales), Watches which
contributed Rs 2054.70 Crore to Sales Value (13.12 % of Total Sales), Eyewear which contributed Rs 413.89 Crore to Sales Value (2.64 % of
Total Sales), Others which contributed Rs 99.46 Crore to Sales Value (0.63 % of Total Sales), Precious Semi Precious Stones which
contributed Rs 68.28 Crore to Sales Value (0.43 % of Total Sales), Other Operating Revenue which contributed Rs 59.83 Crore to Sales Value
(0.38 % of Total Sales), Gold which contributed Rs 39.46 Crore to Sales Value (0.25 % of Total Sales), Other Services which contributed Rs
8.52 Crore to Sales Value (0.05 % of Total Sales), Scrap which contributed Rs 4.83 Crore to Sales Value (0.03 % of Total Sales)for year
For quarter ended 30-09-2018, company has reported a Consolidated sales of Rs 4522.18 Crore, up 2.62 % from last quarter Sales of Rs
4406.57 Crore and up 30.21 % from last year same quarter Sales of Rs 3473.07 Crore Company has reported net profit after tax of Rs 302.81
N Tata, Mr.Ramesh Chand Meena, Mr.T K Balaji, Mrs.Hema Ravichandar, Mrs.Ireena Vittal, Prof.Das Narayandas
LLP as its auditoRs As on 31-12-2018, company has a total of 887,786,160 shares outstanding.
