Is Titan company a good investment?
Is Titan company a good investment?
Titan is well poised to achieve strong revenue and PAT CAGR of 19% and 28%, respectively, over FY2022-FY2024. Any correction from the current levels can be considered as a good opportunity to enter the stock from a long-term perspective.
Titan Co. Ltd quote is equal to 2204.300 INR at 2022-06-04. Based on our forecasts, a long-term increase is expected, the “Titan Company Limited” stock price prognosis for 2027-05-28 is 4546.890 INR. With a 5-year investment, the revenue is expected to be around +106.27%.
The Shareholding Pattern page of Titan Company Ltd. presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.
| Shareholding Pattern – Titan Company Ltd. | ||
|---|---|---|
| Holder’s Name | No of Shares | % Share Holding |
| NoOfShares | 887786160 | 100% |
| Promoters | 469601920 | 52.9% |
Is Titan company debt free?
Based on the latest financial disclosure, TITAN COMPANY LTD has a Total Debt of 56.38 B. This is much higher than that of the Consumer Cyclical sector and significantly higher than that of the Luxury Goods industry. The total debt for all India stocks is significantly lower than that of the firm.
At what price Rakesh Jhunjhunwala bought Titan?
16 crore to Rs. 18 crore during the FY 2001- FY 2003 period.
Tomorrow’s movement Prediction of Titan Company Limited TITAN as on 20 Jun 2022 appears strongly Bullish. This stock started moving upwards as soon as it opened….Munafa value: 65 as on 20 Mon Jun 2022.
| Strong resistance | 2591 |
|---|---|
| Strong resistance | 2467 |
| Strong resistance | 2349 |
| Strong resistance | 2226 |
| Strong resistance | 2133.3 |
You can easily buy Titan shares in Groww by creating a demat account and getting the KYC documents verified online.
Titan Company share price fell over 2 per cent on Thursday, a day after the company reported sluggish growth in its jewelry business in March quarter of FY22 (Q4FY22). The shares of the Tata Group company were quoting at Rs 2,481, down 2.34 per cent on BSE.
NEW DELHI: The jhunjhunwala duo, Rakesh and his better half Rekha, bought Titan Company shares in September quarter on a net basis for the first time since December quarter of 2019. The Big Bull, as Jhunjhunwala is referred to, also bought shares of SAIL, latest shareholding data suggests.
Rakesh Jhunjhunwala shareholding in Titan Company As per Titan Company’s shareholding pattern for January to March 2022 quarter, Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala have stake in this flagship Tata group company. Rakesh Jhunjhunwala holds 3,53,10,395 Titan shares or 3.98 per cent stake in the company.
What is Rakesh Jhunjhunwala buying?
Rakesh Jhunjhunwala portfolio: Big Bull and his wife Rekha Jhunjhunwala together raised their stake in the company from 2.10 per cent to 2.16 per cent buying 17,56,965 Indian Hotels shares in recently ended December 2021 quarter.
What is PE of Titan?
The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. Titan PE ratio as of June 13, 2022 is 13.64.
What is the business of Titan company?
Titan Company Ltd is the world’s fifth largest wrist watch manufacturer and India’s leading producer of watches. The company is engaged in manufacturing of watches jewelry precision engineering and Eyewear. They produce watches under the brand name Titan Fastrack Sonata Nebula RAGA Regalia Octane & Xylys.
Is ITC debt free company?
For a growing firm, debt plays a significant role in its financial performance. Debt-free businesses have numerous advantages and are a solid investment option….Best 10 Debt-Free Company Stocks To Invest In India 2021.
| Company | Debt | Market Cap in Rs |
|---|---|---|
| ITC | 0 | 2.56LCr |
| Ambuja Cements | 0 | 67.70TCr |
| CDSL | 0 | 10.55TCr |
| P & G Hygiene and Health Care Ltd | 0 | 42.45TCr |
Is Rakesh Jhunjhunwala still holding Titan?
Rakesh Jhunjhunwala holds 3,53,10,395 Titan shares or 3.98 per cent stake in the company whereas Rekha Jhunjhunwala owns 95,40,575 Titan Company shares or 1.07 per cent stake in the company.
The brokerage expects Titan to report robust revenue growth of 36 per cent YoY and 60 per cent as compared to pre-Covid level to Rs 10,394 crore on the back of robust demand for consumer businesses like jewellery, watches and eyewear supported by wedding and festive season along with stable gold prices.
Who is the richest investor in India?
Known as India’s Warren Buffett, 61-year-old Rakesh Jhunjhunwala, saw his net worth more than double to $5.5 billion.
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