ET CONTRIBUTORSICICI Direct has buy call on with a target price of Rs 2640. The current market price of . is Rs 2531.05.
Titan Company Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 224760.82 Crore) operating in Gems and Jewellery sector.
Titan Company Ltd. key Products/Revenue Segments include Jewellery, Watches, Precious & Semi Precious Stones, Eyewear, Others, Other Operating Revenue, Scrap, Other Services for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 9487.00 Crore, up 20.52 % from last quarter Total Income of Rs 7872.00 Crore and up 169.59 % from last year same quarter Total Income of Rs 3519.00 Crore. Company reported net profit after tax of Rs 790.00 Crore in latest quarter.
Investment Rationale
Buying demand at the 20 days EMA and lower band of the rising channel of last two months up move
Titan Company Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 224760.82 Crore) operating in Gems and Jewellery sector.
Titan Company Ltd. key Products/Revenue Segments include Jewellery, Watches, Precious & Semi Precious Stones, Eyewear, Others, Other Operating Revenue, Scrap, Other Services for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 9487.00 Crore, up 20.52 % from last quarter Total Income of Rs 7872.00 Crore and up 169.59 % from last year same quarter Total Income of Rs 3519.00 Crore. Company reported net profit after tax of Rs 790.00 Crore in latest quarter.
Investment Rationale
Buying demand at the 20 days EMA and lower band of the rising channel of last two months up move
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