[ad_1]
Titan Company Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 235751.61 Crore) operating in Gems and Jewellery sector.
Titan Company Ltd. key Products/Revenue Segments include Jewellery, Watches, Precious & Semi Precious Stones, Eyewear, Others, Other Operating Revenue, Scrap, Other Services for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 9487.00 Crore, up 20.52 % from last quarter Total Income of Rs 7872.00 Crore and up 169.59 % from last year same quarter Total Income of Rs 3519.00 Crore. Company reported net profit after tax of Rs 790.00 Crore in latest quarter.
Investment Rationale
Buying demand emerging from the 20 days EMA and the recent breakout area
Promoter/FII Holdings
Promoters held 52.9 per cent stake in the company as of 30-Jun-2022, while FIIs owned 16.77 per cent, DIIs 11.26 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
[ad_2]
Source link
