Powered by: Motilal Oswal

News

Buy Titan Company Ltd For Target Rs.3,570 - Motilal Oswal Financial Services Retail footprint expansion encourages growth * In FY23, TTAN posted a strong performance across all business segments, driven by investments in supply chain, digital data, omni-channel capabilities, retail networks, and select international markets. The company reported overall revenue/profit growth of 40.9%/40.2% YoY to INR405.8b/INR32.7b. Over FY18-23, TTAN clocked impressive sales/PAT CAGRs of 20.3%/23.9%. Here are the key takeaways from the company’s FY23 annual report: * Jewe...
Buy Titan Company Ltd For Target Rs.3,570 - Motilal Oswal Financial Services
Buy Titan Company Ltd For Target Rs.3,570 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
8/09/2023 3:08:23 PM
Buy Titan Company Ltd For Target Rs. 3,085 - JM Financial Services In FY23, TTAN posted a strong performance across all business segments, driven by investments in supply chain, digital data, omni-channel capabilities, retail networks, and select international markets. The company reported overall revenue/profit growth of 40.9%/40.2% YoY to INR405.8b/INR32.7b. Over FY18-23, TTAN clocked impressive sales/PAT CAGRs of 20.3%/23.9%. Here are the key takeaways from the company’s FY23 annual report: * Jewelry: TTAN holds a ~7% market share in the Indian j...
Buy Titan Company Ltd For Target Rs. 3,085 - JM Financial Services
Buy Titan Company Ltd For Target Rs. 3,085 - JM Financial Services
Source: Motilal Oswal Financial Services Ltd
8/09/2023 11:48:44 AM
Stock Picks : Titan Company Limited And Divis Laboratories Ltd By ICICI Direct Titan Company Limited  Buy Titan Company Limited  @3168-3172; Target 3209.0; Stop Loss 3149.00   Divis Laboratories Ltd Buy Divis Laboratories Ltd @ 3702-3704; Target 3742.00; Stop Loss 3682.00     To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Above views are of t...
Stock Picks : Titan Company Limited And Divis Laboratories Ltd By ICICI Direct
Stock Picks : Titan Company Limited And Divis Laboratories Ltd By ICICI Direct
Source: ICICI Direct
7/09/2023 11:12:57 AM
Buy Titan Company Ltd For Target Rs. 3,085 - JM Financial Services Caratlane Stake: Value-accretive but near-term EPS dilutive Titan has acquired the balance shareholding in its unlisted subsidiary Caratlane from the latter’s founder Mithun Sacheti and family, and would be paying INR46.2bn for the 27.18% stake. This pegs Caratlane’s valuation at INR170bn (c.$2bn) – lower than our target valuation of c.INR245bn for Caratlane but then, the latter also implicitly included some premium for the ‘Tata/Titan’ co-branding as well &nd...
Buy Titan Company Ltd For Target Rs. 3,085 - JM Financial Services
Buy Titan Company Ltd For Target Rs. 3,085 - JM Financial Services
Source: JM Financial Services
28/08/2023 1:03:19 PM
Stock Picks : Titan Company Limited And ITC Ltd By ICICI Direct Titan Company Limited  Buy Titan Company Limited @3065-3068; Target 3098.00; Stop Loss 3049.00   ITC Ltd Sell ITC Ltd @ 445.50-446.50; Target 441.00; Stop Loss 449.20   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Above views are of the author and not of the website...
Stock Picks : Titan Company Limited And ITC Ltd By ICICI Direct
Stock Picks : Titan Company Limited And ITC Ltd By ICICI Direct
Source: ICICI Direct
28/08/2023 10:25:36 AM
Buy Titan Company Ltd For Target Rs. 3,530 - Centrum Broking Ltd As per exchange filing Titan said, the company acquired further 27.18% stake in Caratlane for Rs46.21bn (consolidating to 98.3%) and the deal would be funded by internal accruals and partly by debt assigning EV of Rs170bn (8x price/sales on FY23). We note, Caratlane, started in 2008, which derives ~75% sales from light weight studded jewelry today has reported revenue CAGR of 73.5% in last 2 years reaching at Rs21.0bn in FY23 with improved EBIT margin of 7.6%. Management guided, that journey ...
Buy Titan Company Ltd For Target Rs. 3,530 - Centrum Broking Ltd
Buy Titan Company Ltd For Target Rs. 3,530 - Centrum Broking Ltd
Source: Centrum Broking Ltd
24/08/2023 12:57:04 PM
Titan Company gains on inking SPA to acquire additional stake in CaratLane Titan Company is currently trading at Rs. 3057.15, up by 8.00 points or 0.26% from its previous closing of Rs. 3049.15 on the BSE. The scrip opened at Rs. 3050.00 and has touched a high and low of Rs. 3079.00 and Rs. 3049.95 respectively. So far 8317 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3211.10 on 07-Jul-2023 and a 52 week low of Rs. 2268.90 on 02-Feb-2023. Last one week high and low of the scrip stoo...
Titan Company gains on inking SPA to acquire additional stake in CaratLane
Titan Company gains on inking SPA to acquire additional stake in CaratLane
Source: Accord Fintech
21/08/2023 12:13:11 PM
Stock Picks : Titan Company Limited And Hero MotoCorp Ltd By ICICI Direct Titan Company Limited  Buy Titan Company Limited @3046-3050; Target 3088.00; Stop Loss 3029.00   Hero MotoCorp Ltd Sell Hero MotoCorp Ltd @ 2929-2932; Target 2891; Stop Loss 2952.00   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Above views are of the author and not of t...
Stock Picks : Titan Company Limited And Hero MotoCorp Ltd By ICICI Direct
Stock Picks : Titan Company Limited And Hero MotoCorp Ltd By ICICI Direct
Source: ICICI Direct
21/08/2023 11:10:55 AM
Titan hikes stake in CaratLane for Rs 4,621 cr The Titan company has entered into a share purchase agreement today to acquire the entire 91,90,327 equity shares held by the founder of CaratLane Trading Private Limited (CaratLane) and his family members representing 27.18 per cent of the total paid-up equity share capital of the jeweller on a fully diluted basis for Rs 4,621 crore. CaratLane is a subsidiary of Titan and on completion of the aforesaid share purchase, would result in an increase in shareholding of the company in CaratLane...
Titan hikes stake in CaratLane for Rs 4,621 cr
Titan hikes stake in CaratLane for Rs 4,621 cr
Source: IANS
19/08/2023 2:49:25 PM
Stock of the day : Buy Titan Company Ltd Target Rs. 90 - Religare Broking Ltd * Titan has been gradually inching higher from last more than 4 months with noticeable surge in volumes. * After hitting an all-time high in July, it has retraced towards its medium term moving average and has registered breakout from a small base. * The recent price action coupled with positive momentum indicates a gradual upmove towards its previous life high. * We thus advise creating fresh longs in the mentioned zone. BUY 3000 CE CMP (?) 56.40 Range* 55-58 SL 39 Targe...
Stock of the day : Buy Titan Company Ltd Target Rs. 90 - Religare Broking Ltd
Stock of the day : Buy Titan Company Ltd Target Rs. 90 - Religare Broking Ltd
Source: Religare Broking Ltd
11/08/2023 9:33:10 AM
Buy Titan Company Ltd For Target Rs. 3,325 - Motilal Oswal Financial Services Ltd * Titan Company (TTAN)’s 1QFY24 revenue grew 26% YoY, ahead of our expectation, with double-digit growth across all segments. However, due to lower-than-expected margins, EBITDA and adj. PAT missed our estimates. Margins were adversely affected by seasonality, volatility in gold prices and a one-time diamond price inventory gain in 1QFY23. * Four-/Five-year Jewelry EBIT CAGR was robust at ~24%/22% in 1QFY24. Management indicated that Jewelry margin guidance of 12-13% in FY24 remains ...
Buy Titan Company Ltd For Target Rs. 3,325 - Motilal Oswal Financial Services Ltd
Buy Titan Company Ltd For Target Rs. 3,325 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
4/08/2023 9:52:32 AM
Buy Titan Company Ltd For Target Rs. 3,325 - Motilal Oswal Financial Services Ltd * Titan Company (TTAN)’s 1QFY24 revenue grew 26% YoY, ahead of our expectation, with double-digit growth across all segments. However, due to lower-than-expected margins, EBITDA and adj. PAT missed our estimates. Margins were adversely affected by seasonality, volatility in gold prices and a one-time diamond price inventory gain in 1QFY23. * Four-/Five-year Jewelry EBIT CAGR was robust at ~24%/22% in 1QFY24. Management indicated that Jewelry margin guidance of 12-13% in FY24 remains ...
Buy Titan Company Ltd For Target Rs. 3,325 - Motilal Oswal Financial Services Ltd
Buy Titan Company Ltd For Target Rs. 3,325 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
3/08/2023 12:58:38 PM
Surging gold prices take sheen off Indian jewellery maker Titan's profit India's Tata Group-owned Titan Co reported a lower-than-expected quarterly profit on Wednesday as its mainstay jewellery segment was hurt due to surging gold prices, which pushed up costs and eroded margins. Titan, which owns the Tanishq jewellery brand, said its first-quarter profit fell more than 2% to 7.77 billion rupees ($94.1 million) in the three months ended June 30. Analysts had expected profit of 9.50 billion rupees, as per Refinitiv data. Gold prices in India - the seco...
Surging gold prices take sheen off Indian jewellery maker Titan's profit
Surging gold prices take sheen off Indian jewellery maker Titan's profit
Source: Reuters
2/08/2023 7:33:08 PM
India`s Tata-owned Titan reports drop in Q1 profit India's Tata Group-owned Titan Co reported a drop in first-quarter profit on Wednesday as its mainstay jewellery segment was hurt by record gold prices. Titan, which owns the Tanishq jewellery brand, said its profit fell over 2% from a year earlier to 7.77 billion rupees ($94.1 million) in the three months ended June 30.
India`s Tata-owned Titan reports drop in Q1 profit
India`s Tata-owned Titan reports drop in Q1 profit
Source: Reuters
2/08/2023 5:11:29 PM
Buy Titan Company Ltd For Target Rs. 3,147- Religare Broking Ltd Strong revenue growth: Titan’s Q4FY23 topline performance was better than our estimates wherein its revenue came in at Rs 10,360 Cr up by 32.9% YoY driven by healthy consumer demand during the wedding season. Amongst segments, its Jewelry segment which accounts for ~88% of the total revenue grew by 41.3% YoY to Rs 9,120 Cr. Its watches & wearables grew by 41.3% YoY to Rs 883 Cr owing to strong demand for analog watches segment, while its Eye-care grew by 23.1% to Rs 165 Cr led by ex...
Buy Titan Company Ltd For Target Rs. 3,147- Religare Broking Ltd
Buy Titan Company Ltd For Target Rs. 3,147- Religare Broking Ltd
Source: Religare Broking Ltd
20/07/2023 1:42:14 PM
Firm trade continues over Dalal Street Firm trade continued over the Dalal Street in early afternoon deals, with both Sensex and Nifty holding gains of over 0.30% each, aided by positive firm cues from other Asian markets along with heavy buying at IT, TECK and Realty counters. Sentiments remained positive, as India’s inflation based on wholesale price index (WPI) deflated for the third straight month in June, on the back of fall in prices of mineral oils, non-food Articles, crude petroleum & natural gas and electricity....
Firm trade continues over Dalal Street
Firm trade continues over Dalal Street
Source: Accord Fintech
14/07/2023 2:19:51 PM
Titan Company surges on reporting 20% revenue growth in Q1FY24 Titan Company is currently trading at Rs. 3188.65, up by 82.95 points or 2.67% from its previous closing of Rs. 3105.70 on the BSE. The scrip opened at Rs. 3149.00 and has touched a high and low of Rs. 3211.10 and Rs. 3130.00 respectively. So far 50483 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3211.10 on 07-Jul-2023 and a 52 week low of Rs. 2102.70 on 07-Jul-2022. Last one week high and low of the scrip st...
Titan Company surges on reporting 20% revenue growth in Q1FY24
Titan Company surges on reporting 20% revenue growth in Q1FY24
Source: Accord Fintech
7/07/2023 12:10:13 PM
Titan company trades higher on the BSE Titan Company is currently trading at Rs. 2974.30, up by 20.15 points or 0.68% from its previous closing of Rs. 2954.15 on the BSE. The scrip opened at Rs. 2963.00 and has touched a high and low of Rs. 3023.80 and Rs. 2963.00 respectively. So far 28161 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3,023.80 on 19-Jun-2023 and a 52 week low of Rs. 1827.15 on 01-Jul-2022. Last one week high and low of the scrip s...
Titan company trades higher on the BSE
Titan company trades higher on the BSE
Source: Accord Fintech
19/06/2023 3:17:27 PM
Ahmedabad based B2B & Retail Jeweller; RBZ Jewellers files DRHP for IPO Ahmedabad-based RBZ Jewellers, one of the leading organised manufacturers of gold jewellery in India, specializing in Antique Gold Jewellery and catering to reputable nation-wide retailers and significant regional players in India has filed its draft red herring prospectus (DRHP) with capital market regulator Sebi to raise funds through for its initial public offering (IPO). The issue with a face value of Rs 10 each is entirely a fresh issue of 1 crore equity shares. The Issue is being ...
Ahmedabad based B2B & Retail Jeweller; RBZ Jewellers files DRHP for IPO
Ahmedabad based B2B & Retail Jeweller; RBZ Jewellers files DRHP for IPO
Source: PR Agency
17/06/2023 10:04:04 AM
Analysing the Top Performers in the BSE Sensex: Which Companies have Consistently Delivered Strong Returns? For anybody looking to invest in the stock market, it is important to have a long-term perspective of the market and not get caught up in short-term fluctuations. There are stocks that have remained solid despite the ups and downs in the market over the past decade or so. This is because short-term fluctuations in the market are bound to happen however the long-term growth story of fundamentally strong companies mostly remain intact and these companies give an investor, good returns Invest...
Analysing the Top Performers in the BSE Sensex: Which Companies have Consistently Delivered Strong Returns?
Analysing the Top Performers in the BSE Sensex: Which Companies have Consistently Delivered Strong Returns?
Source: .
5/06/2023 10:00:45 AM
Buy Titan Company Ltd For Target Rs. 3240 - ICICI Direct About the stock: Titan has transformed itself from a watch maker to an enviable lifestyle company, with jewellery being the leading vertical (85% of revenues). Robust distribution network comprises 2500+ stores spread across 3.2+ mn sq ft. * Titan has consistently displayed its ability to gain market share amid a tough industry scenario owing to its robust balance sheet (30%+ RoCE and cash & investments worth | 3500+ crore) and strong brand patronage Q4FY23 results: Titan’s re...
Buy Titan Company Ltd For Target Rs. 3240 - ICICI Direct
Buy Titan Company Ltd For Target Rs. 3240 - ICICI Direct
Source: ICICI Direct
23/05/2023 1:25:00 PM
India`s Kalyan Jewellers reports flat Q4 margins on higher costs Kalyan Jewellers India Ltd's core profit margins remain unchanged year-over-year, it said on Monday, as higher costs dulled the effect of higher revenue and record-high gold prices, sending the company's shares down as much as 4.2%. On the other hand, the Tata Group-owned Titan Co Ltd recently reported that its core profit margin increased as gold prices rose sharply in the second half of the January-March quarter. Kalyan Jewellers reported an 18% increase in overall revenue, to...
India`s Kalyan Jewellers reports flat Q4 margins on higher costs
India`s Kalyan Jewellers reports flat Q4 margins on higher costs
Source: Reuters
15/05/2023 3:35:58 PM
Buy Titan Company Ltd For Target Rs. 3147 - Religare Broking Strong revenue growth: Titan’s Q4FY23 topline performance was better than our estimates wherein its revenue came in at Rs 10,360 Cr up by 32.9% YoY driven by healthy consumer demand during the wedding season. Amongst segments, its Jewelry segment which accounts for ~88% of the total revenue grew by 41.3% YoY to Rs 9,120 Cr. Its watches & wearables grew by 41.3% YoY to Rs 883 Cr owing to strong demand for analog watches segment, while its Eye-care grew by 23.1% to Rs 165 Cr led by ex...
Buy Titan Company Ltd For Target Rs. 3147 - Religare Broking
Buy Titan Company Ltd For Target Rs. 3147 - Religare Broking
Source: Religare Broking Ltd
12/05/2023 11:13:38 AM
Temasek considers investing $100 million in Indian jeweller BlueStone Singapore state investor Temasek Holdings is considering investing $100 million in Indian jeweller BlueStone for a stake of about 20%, two sources with direct knowledge of the matter told Reuters. The investment would value Bengaluru-based BlueStone, also backed by venture capital firm Accel and Indian industrialist Ratan Tata, at close to $500 million, said one of the sources, who declined to be identified as the matter is private. The potential deal could boost BlueStone's pl...
Temasek considers investing $100 million in Indian jeweller BlueStone
Temasek considers investing $100 million in Indian jeweller BlueStone
Source: Reuters
7/05/2023 11:04:30 AM
Buy Titan Company Ltd For Target Rs. 3,080 - Motilal Oswal Financial Services Ltd * Titan Company (TTAN)’s 4QFY23 revenue was ~19% ahead of our expectation; however, due to lower-than-expected margin, EBITDA and adj. PAT came in line with estimates. Margins were adversely affected by the impact from some actuarial calculations and one-time clean-up of old inventory in the eyewear business (majorly old lenses). * Three/four year Jewelry sales CAGR was robust at ~33%/22% in 4QFY23. The management indicated that demand was adversely impacted in the later part of Marc...
Buy Titan Company Ltd For Target Rs. 3,080 - Motilal Oswal Financial Services Ltd
Buy Titan Company Ltd For Target Rs. 3,080 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
4/05/2023 11:51:44 AM
Titan Company trades higher on reporting 40% rise in Q4 consolidated net profit Titan Company is currently trading at Rs. 2676.70, up by 22.35 points or 0.84% from its previous closing of Rs. 2654.35 on the BSE. The scrip opened at Rs. 2675.10 and has touched a high and low of Rs. 2693.00 and Rs. 2656.60 respectively. So far 46113 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 st...
Titan Company trades higher on reporting 40% rise in Q4 consolidated net profit
Titan Company trades higher on reporting 40% rise in Q4 consolidated net profit
Source: Accord Fintech
4/05/2023 10:57:56 AM
India`s Tata Group-owned Titan posts 50% jump in Q4 profit Indian jewellery and watch maker Titan Co Ltd reported an almost 50% jump in fourth-quarter profit on Wednesday as demand for its watches and wearables rose alongside jewellery. The Tata Group company's profit rose to 7.34 billion rupees ($90 million) in the three months ended March 31, from 4.91 billion rupees a year earlier. The sale of products jumped about 27% to 85.53 billion rupees after jewellery brand Tanishq, which accounts for more than three-fourths of the revenue, report...
India`s Tata Group-owned Titan posts 50% jump in Q4 profit
India`s Tata Group-owned Titan posts 50% jump in Q4 profit
Source: Reuters
3/05/2023 5:51:03 PM
Titan Company gains as its flagship brand launches Chola-dynasty-inspired collectible coins Titan Company is currently trading at Rs. 2585.50, up by 7.00 points or 0.27% from its previous closing of Rs. 2578.50 on the BSE. The scrip opened at Rs. 2578.50 and has touched a high and low of Rs. 2596.00 and Rs. 2574.00 respectively. So far 5752 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 stoo...
Titan Company gains as its flagship brand launches Chola-dynasty-inspired collectible coins
Titan Company gains as its flagship brand launches Chola-dynasty-inspired collectible coins
Source: Accord Fintech
21/04/2023 12:19:11 PM
Titan Company gains on reporting 25% growth in revenues in Q4FY23 Titan Company is currently trading at Rs. 2565.75, up by 17.00 points or 0.67% from its previous closing of Rs. 2548.75 on the BSE. The scrip opened at Rs. 2565.00 and has touched a high and low of Rs. 2602.10 and Rs. 2560.05 respectively. So far 29212 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 st...
Titan Company gains on reporting 25% growth in revenues in Q4FY23
Titan Company gains on reporting 25% growth in revenues in Q4FY23
Source: Accord Fintech
10/04/2023 10:51:15 AM
Buy Titan Company Ltd For Target Rs. 2580- Religare Broking Titan Company Ltd * TITAN has witnessed reversal from a short term downtrend of late. * It is currently hovering in a narrow range while holding firmly above the support zone of multiple moving averages. * The chart pattern combined with strong support at 2450 levels is pointing towards steady uptrend ahead. * We thus suggest initiating fresh longs as per the given levels Buy Titan Company Ltd BUY 2500CE CMP 2494.40; Range 2480-2490; Taget 2580   &...
Buy Titan Company Ltd For Target Rs. 2580- Religare Broking
Buy Titan Company Ltd For Target Rs. 2580- Religare Broking
Source: Religare Broking Ltd
28/03/2023 11:45:56 AM
Buy Titan Company Ltd For Target Rs. 55- Religare Broking Titan Company Ltd * TITAN has witnessed reversal from a short term downtrend recently. * It has also surpassed the hurdle of multiple moving averages on the daily chart. * The chart pattern combined with the existence of a support zone of multiple moving averages is pointing towards steady uptrend ahead. ? We thus suggest initiating fresh longs as per the given levels   Buy Titan Company Ltd BUY 2500CE CMP 34.95; Range 32-34 SL21; Taget 240  ...
Buy Titan Company Ltd For Target Rs. 55- Religare Broking
Buy Titan Company Ltd For Target Rs. 55- Religare Broking
Source: Religare Broking Ltd
23/03/2023 10:51:15 AM
Buy Titan Company Ltd For Target Rs. 48 - Religare Broking  Titan Company Ltd  * TITAN has been trading in a declining trend line channel, after retesting the record high in November 2022. * Inching gradually lower and trading well below the support zone of major moving averages. * The chart pattern indicates the prevailing trend to continue. * We thus suggest creating fresh short positions through the Put option      Buy Titan Company Ltd @ BUY 2300PE CMP 28.85; Range 24-26; SL12; T...
Buy Titan Company Ltd For Target Rs. 48 - Religare Broking
Buy Titan Company Ltd For Target Rs. 48 - Religare Broking
Source: Religare Broking Ltd
14/03/2023 10:27:02 AM
Buy Titan Company Ltd For Target Rs.2,940 - Emkay Global Financial Services Encouraging Q4 outlook should drive Street upgrades; maintain BUY   TTAN’s adjusted EBITDA for Q3 was 6-9% below estimates, on weaker margins in TEAL subsidiary and intl. investments. Standalone margins were in line with our estimates. Jewelry segment saw UCP growth of 15% in Q3, led by 15-18% growth in Oct-22/Dec22, while Nov-22 saw relatively-weaker growth trends. Interestingly, Jan-23 has seen robust growth trends of >20% on 3Y CAGR basis which should drive Street&rsquo...
Buy Titan Company Ltd For Target Rs.2,940 - Emkay Global Financial Services
Buy Titan Company Ltd For Target Rs.2,940 - Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
10/03/2023 10:54:27 AM
Titan gains on eyeing more than double revenue for Zoya brand Titan Company is currently trading at Rs. 2402.40, up by 2.75 points or 0.11% from its previous closing of Rs. 2399.65 on the BSE. The scrip opened at Rs. 2392.10 and has touched a high and low of Rs. 2411.20 and Rs. 2374.00 respectively. So far 28529 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 sto...
Titan gains on eyeing more than double revenue for Zoya brand
Titan gains on eyeing more than double revenue for Zoya brand
Source: Accord Fintech
27/02/2023 4:00:12 PM
Stock of the day : Buy TITAN Company Ltd For Target Rs. 2585 - Religare Broking TITAN Company Ltd * We’re seeing selective participation among the financial counters in the recent rebound and HDFC is also contributing to the move. * It has been trading in a broadening formation and currently trading around the middle of the same. * The recent base formation around the support term moving average i.e. 20 EMA is offering a fresh buying opportunity. * We thus recommend creating fresh longs in the mentioned range.   Technical Chart : Daily ...
Stock of the day : Buy TITAN Company Ltd For Target Rs. 2585 - Religare Broking
Stock of the day : Buy TITAN Company Ltd For Target Rs. 2585 - Religare Broking
Source: Religare Broking Ltd
16/02/2023 11:04:09 AM
Titan Company gains despite reporting 10% fall in Q3 consolidated net profit Titan Company is currently trading at Rs. 2411.25, up by 106.30 points or 4.61% from its previous closing of Rs. 2304.95 on the BSE. The scrip opened at Rs. 2315.05 and has touched a high and low of Rs. 2424.50 and Rs. 2315.05 respectively. So far 34288 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 sc...
Titan Company gains despite reporting 10% fall in Q3 consolidated net profit
Titan Company gains despite reporting 10% fall in Q3 consolidated net profit
Source: Accord Fintech
3/02/2023 11:42:34 AM
Key News - Dr Lal PathLabs Ltd ,Titan Ltd , Kalpataru Power Transmission Ltd, APL Apollo Ltd By ARETE Securities Key News Dr Lal PathLabs Q3 net down 7% to Rs 54 cr, revenue declines to Rs 489 cr: Dr Lal PathLabs on Thursday said its consolidated profit after tax declined 7 per cent to Rs 54 crore for the December quarter. The company had reported a net profit of Rs 58 crore in the October-December quarter of the previous fiscal. Revenue also declined to Rs 489 crore for the period under review as compared with Rs 497 crore in the year-ago period, the company said in a regulatory filing. Titan ...
Key News - Dr Lal PathLabs Ltd ,Titan Ltd , Kalpataru Power Transmission Ltd, APL Apollo Ltd By ARETE Securities
Key News - Dr Lal PathLabs Ltd ,Titan Ltd , Kalpataru Power Transmission Ltd, APL Apollo Ltd By ARETE Securities
Source: ARETE Securities Ltd
3/02/2023 9:32:59 AM
Tata-owned Titan posts surprise Q3 profit fall, shares sink Tata Group-owned Titan Co Ltd reported a surprise fall in third-quarter profit on Thursday as high inflation hurt demand for jewellery and watches, sending the company's shares down to an over six-month low. Shares of Titan, which also sells eyewear and owns the Tanishq jewellery brand, fell as much as 3.3% to 2,269.60 rupees in late afternoon trading. Titan's profit fell 3.7% to 9.51 billion rupees ($115.8 million) in the three months ended Dec. 31, from 9.87 billion rupees a y...
Tata-owned Titan posts surprise Q3 profit fall, shares sink
Tata-owned Titan posts surprise Q3 profit fall, shares sink
Source: Reuters
2/02/2023 3:14:53 PM
Buy Titan Company Ltd For Target Rs.3,080 - Motilal Oswal Financial Services Double-digit growth in standalone businesses Pre-quarterly update for 3QFY23 |The key highlights * Titan (TTAN)’s standalone business sales grew 12% YoY aided by festive demand. * It added 111 stores during the quarter. * Positive consumer sentiment helped all categories clock healthy double-digit growth despite a high base.   Jewelry division * Grew 11% YoY (excluding bullion sales) over a high base. * The sales from studded category moderately outpac...
Buy Titan Company Ltd For Target Rs.3,080 - Motilal Oswal Financial Services
Buy Titan Company Ltd For Target Rs.3,080 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
9/01/2023 2:59:37 PM
Stock Picks : Titan Ltd And REC Limited Ltd By ICICI Direct Titan Ltd Buy Titan Ltd @ 2592-2596 CMP 2597.50 Stop Loss 2569.30 Target 2628.00   REC Limited Buy REC Ltd @ 116.20-116.80 CMP 116.50 Stop Loss 115.30 Target 118.50   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631   Abov...
Stock Picks : Titan Ltd And REC Limited Ltd By ICICI Direct
Stock Picks : Titan Ltd And REC Limited Ltd By ICICI Direct
Source: ICICI Direct
2/01/2023 12:53:31 PM
New Year Picks 2023 By Sumeet Bagadia, Choice Broking ITC Ltd Buy ITC @ 334 & Upto 325 for the Target of 380/400 On a monthly chart, the stock is continuously trending upward since march 2022, concluding the primary trend is bullish. Additionally, ITC is trading at 334 and has numerous supports between 320 and 325 levels on the weekly chart. On the weekly chart, the price is sustaining above middle line of the Bollinger band, indicating the stock's strength. The daily chart's RSI Indicator is trading near 50 levels, which...
New Year Picks 2023 By Sumeet Bagadia, Choice Broking
New Year Picks 2023 By Sumeet Bagadia, Choice Broking
Source: Choice Broking Ltd
31/12/2022 10:05:30 AM
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 sto...
Titan Company shines on the bourses
Titan Company shines on the bourses
Source: Accord Fintech
23/12/2022 2:58:01 PM
Buy Titan Company Ltd For Target Rs.3,000 - Emkay Global Financial Services Better than expected festive trends should drive street earnings upgrade After a strong revenue update in Oct-22, TITAN’s adjusted EBITDA for Q2 was in line with Street estimates. Reported EBITDA was 6-13% ahead of our/Street expectations, due to a 200bps one-off in the Jewelry segment. Jewelry momentum sustained, with 3Y CAGR of 27% in Q2, led by 6-7% expansion in transaction size, with the balance contributed by strong buyer growth. Share of new buyers also increased, to ~46% of to...
Buy Titan Company Ltd For Target Rs.3,000 - Emkay Global Financial Services
Buy Titan Company Ltd For Target Rs.3,000 - Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
22/12/2022 9:37:45 AM
Buy Titan Company Ltd For Target Rs.2,970 - Motilal Oswal Healthy double-digit growth across businesses TITAN released its pre-quarterly update for 2QFY23. Here are the key highlights: * Overall standalone sales are expected to grow at 18% YoY in 2QFY23. * The company added 105 stores in 2QFY23. * The management said is experiencing positive consumer sentiments across categories during the current festive season. Jewelry division: * The Jewelry division grew 18% YoY over a high base. * Gold jewelry (plain) clocked a low dou...
Buy Titan Company Ltd For Target Rs.2,970 - Motilal Oswal
Buy Titan Company Ltd For Target Rs.2,970 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
20/12/2022 1:58:40 PM
Buy Titan Company Ltd For Target Rs.2,910 - Motilal Oswal We met with the management of TTAN to gauge the progress of its strategic targets (as highlighted in its May’22 investor meet). * Growth across segments has begun well for TTAN to meet its five-year targets as announced during its Investor day in May’22 . * Tanishq is performing extremely well. The management has deliberately taken a value focused approach, which is serving them well. Interestingly, it did not pass on the entire effective import duty increase of ~4.25% in Ju...
Buy Titan Company Ltd For Target Rs.2,910 - Motilal Oswal
Buy Titan Company Ltd For Target Rs.2,910 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
19/12/2022 12:40:08 PM
Weekly Recommendation : Chambal Fertilisers & Chemicals Limited And Titan Company Limited By Asit C Mehta Investment Weekly Recommendation CHAMBLFERT (315.90) - The stock has seen open interest addition of 7.29% along with positive price action indicatinglongbuildup. Thestock can be bought in the range of 310-312 with a stop loss of 300 on closing basis for a target of 325-335. Target: 335 Stop Loss: 300 TITAN (2495.60) - The stock has seen open interest addition of 11.36% along with negative price action indicating short buildup. Thestock can be sold in the range of 2500-2530 with a stop loss of 2...
Weekly Recommendation : Chambal Fertilisers & Chemicals Limited And Titan Company Limited By Asit C Mehta Investment
Weekly Recommendation : Chambal Fertilisers & Chemicals Limited And Titan Company Limited By Asit C Mehta Investment
Source: PR Agency
19/12/2022 11:21:59 AM
Add Titan Company Ltd For Target Rs.2,950 - ICICI Securities Symphony Jewellery revenues of Rs72bn in Q2FY23 were up 18% YoY with reported EBIT margin of 15.3% which has one-off benefit of ~200bps from diamond gains and custom duty change. Underlying markers (new recruits, studded, GHS) were encouraging even as wedding demand was relatively soft. The momentum continues to be steady in the festive season as well. Watches (+21% YoY) had a good quarter led by growth in the premium segment and wearables category. Eyewear had a relatively muted quarter (...
Add Titan Company Ltd For Target Rs.2,950 - ICICI Securities
Add Titan Company Ltd For Target Rs.2,950 - ICICI Securities
Source: ICICI Securities
8/11/2022 12:31:42 PM
Buy Titan Ltd For Target Rs. 3240 - ICICI Direct Strong execution aiding sustained outperformance About the stock: Titan has transformed itself from a watch maker to an enviable lifestyle company, with jewellery being the leading vertical (85% of revenues). Robust distribution network comprises 2300+ stores spread across 2.9+ mn sq ft. * Titan has consistently displayed its ability to gain market share amid a tough industry scenario owing to its robust balance sheet (30%+ RoCE and cash & investments worth | 1600+ crore) and strong...
Buy Titan Ltd For Target Rs. 3240 - ICICI Direct
Buy Titan Ltd For Target Rs. 3240 - ICICI Direct
Source: ICICI Direct Ltd
7/11/2022 2:34:45 PM