Titan Company gains on the bourses
Titan Company is currently trading at Rs. 1498.25, up by 1.35 points or 0.09% from its previous closing of Rs. 1496.90 on the BSE.
The scrip opened at Rs. 1489.75 and has touched a high and low of Rs. 1508.05 and Rs. 1476.90 respectively. So far 182651 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1620.95 on 06-Jan-2021 and a 52 week low of Rs. 720.00 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 1514.45 and Rs. 1432.10 respectively. The current market cap of the company is Rs. 133780.50 crore.
The promoters holding in the company stood at 52.90%, while Institutions and Non-Institutions held 29.80% and 17.30% respectively.
Titan Company’s subsidiary company -- Tanishq has introduced 'pay from home' service in poll-bound Tamil Nadu, Puducherry, Kerala and West Bengal to provide a convenient shopping experience to its customers, amid strict monitoring of cash movement by the authorities in the run-up to the assembly elections. The company expects that buyers will not defer their purchases with the availability of the cash collection facility at their residences, and this will help retain sales growth momentum. This facility is an extension of various measures initiated for customers' convenience in the unlock period.
Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.