INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Titan Company Ltd
with a target price of Rs 950
The current market price of Titan Company Ltd
The time period given by the analyst is Intra Day when Titan Company Ltd
price can reach the defined target
Dr CK Narayan recommended to keep stoploss at Rs 925
Titan Company Ltd, incorporated in 1984, is a largecap company with a market cap of Rs 83052.40 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 30-09-2018, the company has reported a Consolidated sales of Rs 4522.18 Crore, up 2.62 % from last quarter Sales of
Rs 4406.57 Crore and up 30.21 % from last year same quarter Sales of Rs 3473.07 Crore Company has reported net profit after tax of Rs 302.81
N Tata, Mr.Ramesh Chand Meena, Mr.T K Balaji, Mrs.Hema Ravichandar, Mrs.Ireena Vittal, Prof.Das Narayandas
LLP as its auditoRs As on 30-09-2018, the company has a total of 887,786,160 shares outstanding.
