Titan Company shines on the bourses
Titan Company is currently trading at Rs. 2487.80, up by 4.70 points or 0.19% from its previous closing of Rs. 2483.10 on the BSE.
The scrip opened at Rs. 2450.00 and has touched a high and low of Rs. 2504.15 and Rs. 2450.00 respectively. So far 64699 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2790.00 on 31-Oct-2022 and a 52 week low of Rs. 1827.15 on 01-Jul-2022.
Last one week high and low of the scrip stood at Rs. 2527.40 and Rs. 2450.00 respectively. The current market cap of the company is Rs. 220956.66 crore.
The promoters holding in the company stood at 52.90%, while Institutions and Non-Institutions held 28.76% and 18.35% respectively.
Titan Company’s wholly owned subsidiary -- Titan Holdings International FZCO, Dubai (Titan Holdings) has incorporated a Wholly Owned Subsidiary namely ‘Titan International QFZ’ (Titan International) in Qatar. Accordingly, it has become a step down subsidiary of the company effective December 01, 2022. Titan International will carry on the business of Lifestyle Products.
Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.