Titan Firm, included within the yr 1984, is a Giant Cap firm (having a market cap of Rs 230114.17 Crore) working in Gems and Jewelry sector.
Titan Firm key Merchandise/Income Segments embrace Jewelry, Watches, Valuable & Semi Valuable Stones, Eyewear, Others, Different Working Income, Scrap, Different Providers for the yr ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the corporate has reported a Consolidated Complete Revenue of Rs 9224.00 Crore, down -2.77 % from final quarter Complete Revenue of Rs 9487.00 Crore and up 22.20 % from final yr identical quarter Complete Revenue of Rs 7548.00 Crore. Firm has reported web revenue after tax of Rs 835.00 Crore in newest quarter.
The corporate’s prime administration contains Mr.S Krishnan, Mr.Bhaskar Bhat, Mr.Sandeep Singhal, Ms.Sindhu Gangadharan, Dr.Mohanasankar Sivapraksam, Mr.Pradyumna Vyas, Mr.B Santhanam, Mr.Ashwani Puri, Mr.C Ok Venkataraman, Mr.N N Tata, Ms.Jayashree Muralidharan. Firm has B S R & Co. LLP as its auditors. As on 30-09-2022, the corporate has a complete of 89 Crore shares excellent.
Funding Rationale
Value shut above 50 day EMA and sustaining above current falling channelbreakout space, signaling continuation of the up transfer.
Promoter/FII Holdings
Promoters held 52.9 per cent stake within the firm as of 30-Sep-2022, whereas FIIs owned 16.77 per cent, DIIs 11.53 per cent.
(Disclaimer: Suggestions given on this part or any stories connected herein are authored by an exterior get together. Views expressed are that of the respective authors/entities. These don’t symbolize the views of Financial Instances (ET). ET doesn’t assure, vouch for, endorse any of its contents and hereby disclaims all warranties, categorical or implied, referring to the identical. Please seek the advice of your monetary adviser and search impartial recommendation.
