INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on Titan Company Ltd
with a target price of Rs 1055
The current market price of Titan Company Ltd
Time period given by the analyst is Intra Day when Titan Company Ltd
price can reach defined target
Kunal Bothra recommended to keep stoploss at Rs 1000
Titan Company Ltd., incorporated in 1984, is a largecap company with a market cap of Rs 90811.65 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 the year
For the quarter ended 31-12-2018, the company has reported a Consolidated sales of Rs 5839.82 Crore, up 29.14 % from last quarter Sales of
Rs 4522.18 Crore and up 38.27 % from last year same quarter Sales of Rs 4223.41 Crore Company has reported net profit after tax of Rs 411.15
N Tata, Mr.Ramesh Chand Meena, Mr.T K Balaji, Mrs.Hema Ravichandar, Mrs.Ireena Vittal
LLP as its auditoRs As on 31-12-2018, the company has a total of 887,786,160 shares outstanding
