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Will Titan shares go up?

Will Titan shares go up?

Will Titan stock price grow / rise / go up? Yes. The Titan Company Limited stock price can go up from 2410.000 INR to 2735.300 INR in one year.

Is Titan owned by Tata?

Titan Company Limited (Titan), a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO), commenced its operations in 1984 under the name Titan Watches Limited. Titan is the fifth largest integrated own brand watch manufacturer in the world.

Why is Titan stock falling?

NEW DELHI: Shares of Titan on Wednesday declined nearly 3 per cent after the company said the second COVID wave proved to be a setback for its FY’22 business plans that were made with a lot of “ambition, substantial excitement and passion”. The stock dipped 2.59 per cent to Rs 1,717.55 at the BSE.

Is Titan overvalued?

PB vs Industry: 500114 is overvalued based on its PB Ratio (28.5x) compared to the IN Luxury industry average (1.1x).

Is it good to invest in Titan company?

Titan remains top pick on the discretionary consumption space. It maintains Buy rating with a TP of INR2,065 per share. Promoters held 52.9 per cent stake in the company as of June 30, 2021, while FIIs held 18.4 per cent, DIIs 10.1 per cent and public and others 18.6 per cent.

What is the PE ratio of Titan?

Check why Titan Company Ltd. Share Price is UP by 1.06% as on 14 Oct, 2021, 15:59 PM – NDTV Profit….Titan Co’s Key Fundamentals.

Parameter Values
Market Cap (in ₹ Cr.) 2,27,632.76
Earning Per Share (EPS TTM) (₹) 15.09
Price To Earnings (P/E) Ratio 169.92

What is the intrinsic value of Titan?

Titan Company

As Of Intrinsic Value Market Price
30 Jun 2021 Rs. 130.45 Rs. 1,732.50
14 Oct 2021 —- Rs. 2,564.05
26.85 1.05%

Why is Titan increasing?

Titan’s strong performance in the July-September quarter Titan said earlier on Wednesday, October 6 that due to the strong demand in the July-September quarter, the sales have reached the pre-pandemic levels and the company is keen to keep the growth rate at an increasing rate.