INSUBCONTINENT EXCLUSIVE:
CK Narayan of Chart Advise has a sell call on Titan Company Ltd
with a target price of Rs 1120.0
The current market price of Titan Company Ltd
is Rs 1137.0 Time period given by analyst is Intra Day when Titan Company Ltd
price can reach defined target
CK Narayan recommended to keep stoploss at Rs 1160
Titan Company Ltd., incorporated in 1984, has a market cap of Rs 101935.61 crore.
Titan Company Ltd
key Products/Revenue Segments include Jewellery which contributed Rs 15845.68 Crore to Sales Value (83.09 % of Total Sales), Watches which
contributed Rs 2381.51 Crore to Sales Value (12.48 % of Total Sales), Eyewear which contributed Rs 510.06 Crore to Sales Value (2.67 % of
Total Sales), Others which contributed Rs 137.30 Crore to Sales Value (0.71 % of Total Sales), Precious - Semi Precious Stones which
contributed Rs 84.59 Crore to Sales Value (0.44 % of Total Sales), Other Operating Revenue which contributed Rs 48.62 Crore to Sales Value
(0.25 % of Total Sales), Gold which contributed Rs 47.03 Crore to Sales Value (0.24 % of Total Sales), Other Services which contributed Rs
10.79 Crore to Sales Value (0.05 % of Total Sales), Scrap which contributed Rs 4.39 Crore to Sales Value (0.02 % of Total Sales)for the year
For the quarter ended 30-06-2019, the company has reported a Consolidated sales of Rs 5095.10 Crore, up 5.63 % from last quarter Sales of
Rs 4823.49 Crore and up 15.63 % from last year same quarter Sales of Rs 4406.57 Crore Company has reported net profit after tax of Rs 364.66
N Tata, Mr.Pradyumna Vyas, Mr.V Arun Roy, Mrs.Hema Ravichandar, Mrs.Ireena Vittal
LLP as its auditoRs As on 30-06-2019, the company has a total of 887,786,160 shares outstanding.