About Company
Titan Company Limited, an Indian enterprise established in 1984 by Xerxes Desai and headquartered in Bengaluru, specializes in the production of upscale fashion accessories, including jewelry, watches, and eyewear. As of 2023, the company boasts a workforce of 7,857 employees. Titan Company Limited operates under the umbrella of its parent organizations, the Tata Group and the Tamil Nadu Industrial Development Corporation Limited. With subsidiaries such as CaratLane and Favre Leuba, the company reported a revenue of 40,883 crores INR (equivalent to US$5.1 billion) in 2023.
Know about the company’s profits
December quarter results of this company have been released in which the consolidated income of the company has registered an increase. The company’s income has increased by 13.02 percent to Rs 14300 crore. In the same quarter of last year, it was Rs 12653 crore. In the December quarter result, There has also been a significant increase in the company’s profit.
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Let us know the prediction of the brokerage firm.
The brokerage firm believes that the shares of this company can go up to Rs 4200 in the coming time because the December quarter results of this company have been very good. Let us tell you that the brokerage firms Prabhu Das Lilladhar and Motilal Oswal have increased the shares of Titan Company to Rs. 4200 in the coming time. After the quarterly results, he advised to buy and said that the shares of Titan Company could still see a rise of more than 16 percent.
Let us tell you that the shares of the company had closed at Rs 3615 on Friday with a fall of 4.80 percent, but still, experts have advised buying the shares of this company.
Conclusion
This article serves as a comprehensive guide to the A target of ₹4200 has been given by the brokerage firm for this Tata company. The information and forecasts are derived from our analysis, research, company fundamentals, historical data, experiences, and various technical analyses. The article delves into the share’s prospects and growth potential in detail. Feel free to comment below if you have any further queries. We are more than happy to address all your questions. If you find this information helpful, consider sharing the article with as many people as possible.
Disclaimer:
Dear readers, please be advised that we are not authorized by SEBI (Securities and Exchange Board of India). The information provided on this site is solely for informational and educational purposes and should not be construed as financial advice or stock recommendations. Additionally, share price predictions are intended for reference purposes only and are valid only under positive market conditions.
This study does not consider any uncertainties regarding the company’s future or the current market conditions. While this information is for informational purposes, we disclaim any responsibility for potential financial losses incurred based on the information provided on this site. We aim to offer timely updates about the stock market and financial products to assist you in making informed investment decisions. It is crucial to conduct your research before making any investment decisions.
