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Stock of the day : Titan Company Ltd. For Target Rs.170 - Religare Broking Titan Company Ltd. * TITAN has been underperforming the benchmark index and trading with the corrective bias for over 2 months. * It experienced sharp selloff with significant rise in volumes following a breakdown from the consolidation range. * It failed to hold above the long term moving average and now resuming the prevailing tone. * We thus recommend creating shorts through the Put option  Buy Titan Company Ltd CMP 107.55 Range 106-109 SL 75; Ta...
Stock of the day : Titan Company Ltd. For Target Rs.170 - Religare Broking
Stock of the day : Titan Company Ltd. For Target Rs.170 - Religare Broking
Source: Religare Broking
2024-05-30 10:29:08 am
Titan Company falls despite reporting 5% rise in Q4 consolidated net profit Titan Company is currently trading at Rs. 3308.00, down by 227.40 points or 6.43% from its previous closing of Rs. 3535.40 on the BSE. The scrip opened at Rs. 3481.10 and has touched a high and low of Rs. 3485.00 and Rs. 3287.00 respectively. So far 207500 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3885.00 on 30-Jan-2024 and a 52 week low of Rs. 2666.55 on 05-May-2023. Last one week high and low of the scri...
Titan Company falls despite reporting 5% rise in Q4 consolidated net profit
Titan Company falls despite reporting 5% rise in Q4 consolidated net profit
Source: Accord Fintech
2024-05-06 11:49:36 am
India`s wearable market rises 34% in 2023 to 134mn units India's wearable device market registered 34 per cent growth in 2023 to a record 134.2 million units, a new report said on Friday. According to the International Data Corporation (IDC), the fourth quarter (Q4) of 2023 (October-December) saw 28.4 million units, growing 12.7 per cent (year-over-year). Smartwatch shipments increased by 73.7 per cent (year-over-year), totalling 53.4 million. Within wearables, its share increased to 39.8 from 30.7 per cent in 2022. Festive season sale...
India`s wearable market rises 34% in 2023 to 134mn units
India`s wearable market rises 34% in 2023 to 134mn units
Source: IANS
2024-02-16 03:53:45 pm
India`s smartwatch shipments grow 50% in 2023, Fire-Boltt leads India’s smartwatch shipments have witnessed 50 per cent (year-on-year) growth in 2023, with Fire-Boltt leading the market, a new report said on Wednesday. According to Counterpoint Research, this growth was fueled by the rising penetration of smartwatches, proliferation of low-cost devices to target first-time users, and enhanced efforts by Indian brands through extensive marketing and distribution, promotions and local manufacturing. "The market saw over 125 active smartwatc...
India`s smartwatch shipments grow 50% in 2023, Fire-Boltt leads
India`s smartwatch shipments grow 50% in 2023, Fire-Boltt leads
Source: IANS
2024-02-07 05:36:11 pm
Ethos jumps on incorporating wholly owned subsidiary Ethos is currently trading at Rs. 2572.00, up by 57.25 points or 2.28% from its previous closing of Rs. 2514.75 on the BSE. The scrip opened at Rs. 2564.90 and has touched a high and low of Rs. 2577.70 and Rs. 2532.50 respectively. So far 1859 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2,577.70 on 05-Feb-2024 and a 52 week low of Rs. 918.00 on 16-Mar-2023. Last one week high and low of the scrip stood at R...
Ethos jumps on incorporating wholly owned subsidiary
Ethos jumps on incorporating wholly owned subsidiary
Source: Accord Fintech
2024-02-05 12:26:56 pm
Titan Company inches up on reporting 15% rise in Q3 consolidated net profit Titan Company is currently trading at Rs. 3628.65, up by 2.65 points or 0.07% from its previous closing of Rs. 3626.00 on the BSE. The scrip opened at Rs. 3627.55 and has touched a high and low of Rs. 3712.35 and Rs. 3603.00 respectively. So far 45530 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3885.00 on 30-Jan-2024 and a 52 week low of Rs. 2268.90 on 02-Feb-2023. Last one week high and low of the scrip sto...
Titan Company inches up on reporting 15% rise in Q3 consolidated net profit
Titan Company inches up on reporting 15% rise in Q3 consolidated net profit
Source: Accord Fintech
2024-02-02 02:50:32 pm
Buy Titan Company Ltd For Target Rs. 3,900 - Motilal Oswal Financial Services Ltd Stellar performance; momentum to continue * Titan Company (TTAN) reported strong sales growth of ~37% YoY in 2QFY24 (sales rose 22% in the base quarter), beating our estimates. TTAN is one of the few consumer companies in the current context that has been growing revenue at this pace for the last 5-6 quarters, despite the high base and discretionary nature of its product segments. This underscores the superior brand positioning and the prowess of its franchise, which is consistently gainin...
Buy Titan Company Ltd For Target Rs. 3,900 - Motilal Oswal Financial Services Ltd
Buy Titan Company Ltd For Target Rs. 3,900 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2023-11-27 05:18:59 pm
Titan Company gains on planning to add over 3,000 employees in next 5 years Titan Company is currently trading at Rs. 3424.25, up by 30.10 points or 0.89% from its previous closing of Rs. 3394.15 on the BSE. The scrip opened at Rs. 3424.95 and has touched a high and low of Rs. 3429.20 and Rs. 3400.00 respectively. So far 9810 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3429.20 on 22-Nov-2023 and a 52 week low of Rs. 2268.90 on 02-Feb-2023. Last one week high and low of the scrip sto...
Titan Company gains on planning to add over 3,000 employees in next 5 years
Titan Company gains on planning to add over 3,000 employees in next 5 years
Source: Accord Fintech
2023-11-22 11:49:44 am
Hold Titan Company Ltd For Target Rs.3,670 - Emkay Global Financial Services TTAN’s Q2 EBITDA was 10-11% higher than expected, due to margin coming in 140bps better, despite high competition. Given this strong margin, TTAN is likely to deliver at the top-end of its targeted 12-13% EBIT band in the Jewelry business, warranting a 6-7% increase in FY24-26E EBITDA and 10% growth in standalone TP multiple to 59x. Caratlane has been delivering ~50% topline CAGR and seeing gradual margin increase; further stake consolidation affirms another 3% rise in the multiple to 6...
Hold Titan Company Ltd For Target Rs.3,670 - Emkay Global Financial Services
Hold Titan Company Ltd For Target Rs.3,670 - Emkay Global Financial Services
Source: Emkay Global Financial Services
2023-11-18 10:55:13 am
KDDL trades in green on the BSE KDDL is currently trading at Rs. 2873.00, up by 4.70 points or 0.16% from its previous closing of Rs. 2868.30 on the BSE. The scrip opened at Rs. 2899.80 and has touched a high and low of Rs. 2899.80 and Rs. 2823.65 respectively. So far 400 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2979.85 on 15-Nov-2023 and a 52 week low of Rs. 929.40 on 21-Nov-2022. Last one week high and low of the scrip stood at Rs. 2...
KDDL trades in green on the BSE
KDDL trades in green on the BSE
Source: Accord Fintech
2023-11-16 12:02:53 pm
Ethos trades higher on reporting 37% rise in Q2 consolidated net profit Ethos is currently trading at Rs. 2023.35, up by 13.15 points or 0.65% from its previous closing of Rs. 2010.20 on the BSE. The scrip opened at Rs. 2049.95 and has touched a high and low of Rs. 2065.00 and Rs. 2005.00 respectively. So far 1799 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2146.00 on 15-Nov-2023 and a 52 week low of Rs. 861.05 on 18-Nov-2022. Last one week high and low of the scrip stood at Rs...
Ethos trades higher on reporting 37% rise in Q2 consolidated net profit
Ethos trades higher on reporting 37% rise in Q2 consolidated net profit
Source: Accord Fintech
2023-11-16 11:30:02 am
Buy Titan Company Ltd For Target Rs. 3,705 - JM Financial Services Titan’s businesses again displayed some remarkable resilience and strength during Sep-Q. Jewellery (ex-bullion) performance was strong at 19%, with a good uplift in margin (back to 14.1%), notwithstanding all the noise around the need to hike promotions to drive sales. Management re-iterated its margin guidance of 12-13%. There are some bits of unevenness in terms of festival calendar so some sales could have been phased between 2Q and 3Q but underlying momentum for the category still s...
Buy Titan Company Ltd For Target Rs. 3,705 - JM Financial Services
Buy Titan Company Ltd For Target Rs. 3,705 - JM Financial Services
Source: JM Financial Institutional Securities
2023-11-11 10:36:04 am
Titan Company books Rs 940 cr PAT for Q2  Watches, wearables and jewellery company Titan Company Ltd on Friday said it closed the second quarter of FY24 with a higher net profit of Rs 940 crore. In a regulatory filing, Titan Company said for the quarter ended September 30, 2023, it had earned a sales revenue of Rs 9,903 crore (Q2FY23 Rs 8,134 crore) and a net profit of Rs 940 crore (Rs 857 crore). During the quarter under review, the company had booked Rs 1,757 crore (Rs 596 crore) as other operating revenue. The compa...
Titan Company books Rs 940 cr PAT for Q2
Titan Company books Rs 940 cr PAT for Q2
Source: Accord Fintech
2023-11-03 04:15:15 pm
Timex Group India rises on inking Job Work agreement with Time Master Watches and Accessories Timex Group India is currently trading at Rs. 187.00, up by 1.60 points or 0.86% from its previous closing of Rs. 185.40 on the BSE.The scrip opened at Rs. 191.00 and has touched a high and low of Rs. 198.90 and Rs. 183.60 respectively. So far 177783 shares were traded on the counter.The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 203.00 on 18-Oct-2023 and a 52 week low of Rs. 101.20 on 25-Oct-2022.Last one week high and low of the scrip stood at Rs. 203.00 and R...
Timex Group India rises on inking Job Work agreement with Time Master Watches and Accessories
Timex Group India rises on inking Job Work agreement with Time Master Watches and Accessories
Source: Accord Fintech
2023-10-23 11:37:33 am
Titan Company falls despite reporting 20% growth in standalone revenue in Q2FY24 Titan Company is currently trading at Rs. 3272.65, down by 38.50 points or 1.16% from its previous closing of Rs. 3311.15 on the BSE.The scrip opened at Rs. 3308.95 and has touched a high and low of Rs. 3308.95 and Rs. 3250.00 respectively. So far 31244 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3351.55 on 18-Sep-2023 and a 52 week low of Rs. 2268.90 on 02-Feb-2023.Last one week high and low of the scrip stood at Rs. 3319.15...
Titan Company falls despite reporting 20% growth in standalone revenue in Q2FY24
Titan Company falls despite reporting 20% growth in standalone revenue in Q2FY24
Source: Accord Fintech
2023-10-09 12:47:52 pm
Titan gains on planning to open nine new stores of Tanishq in Gujarat Titan Company is currently trading at Rs. 3213.00, up by 13.65 points or 0.43% from its previous closing of Rs. 3199.35 on the BSE.The scrip opened at Rs. 3200.45 and has touched a high and low of Rs. 3217.85 and Rs. 3189.00 respectively. So far 14921 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3221.00 on 11-Sep-2023 and a 52 week low of Rs. 2268.90 on 02-Feb-2023.Last one week high and low of the scrip stood at Rs. 3221.00 a...
Titan gains on planning to open nine new stores of Tanishq in Gujarat
Titan gains on planning to open nine new stores of Tanishq in Gujarat
Source: Accord Fintech
2023-09-11 11:55:48am