ICICI Direct has purchase name on with a goal worth of Rs 2655. The present market worth of Titan Firm is Rs 2579.
., integrated within the 12 months 1984, is a Giant Cap firm (having a market cap of Rs 227783.73 Crore) working in Gems and Jewelry sector.
Titan Firm Ltd. key Merchandise/Income Segments embody Jewelry, Watches, Valuable & Semi Valuable Stones, Eyewear, Others, Different Working Income, Scrap, Different Companies for the 12 months ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the corporate reported a Consolidated Whole Earnings of Rs 9224.00 Crore, down -2.77 % from final quarter Whole Earnings of Rs 9487.00 Crore and up 22.20 % from final 12 months identical quarter Whole Earnings of Rs 7548.00 Crore. Firm reported web revenue after tax of Rs 835.00 Crore in newest quarter.
Funding Rationale
Shopping for demand rising from the 200 days EMA, thus supplies beneficial danger reward setup.
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.
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