Titan Company Reports Strong Financial Growth and Positive Market Outlook
Titan Company, a key player in the Gems, Jewellery, and Watches sector, has recently adjusted its evaluation, reflecting improved technical trends. The company reported strong financial results, with net sales of Rs 31,439 crore and a profit after tax of Rs 1,962 crore, highlighting its robust market position and operational strength.
Titan Company, a prominent player in the Gems, Jewellery, and Watches industry, has recently undergone an adjustment in its evaluation. This revision reflects a shift in the technical trends associated with the stock, indicating a more favorable outlook based on various performance indicators.The company has demonstrated a robust financial performance in the latest quarter, with net sales reaching Rs 31,439.00 crore, marking a growth of 22.05%. Additionally, the profit after tax (PAT) for the same period stood at Rs 1,962.00 crore, showcasing a significant increase of 32.03%. These figures highlight Titan's strong operational capabilities and market position, as it continues to lead the sector with a market capitalization of Rs 3,18,715 crore, representing 73.30% of the entire industry.
Titan's ability to maintain a low debt-to-EBITDA ratio of 1.46 times and an average return on equity of 26.02% further underscores its financial health. The stock's performance over various time frames, including a 41.76% return over three years, positions it favorably within the market landscape.
For those interested in tracking the latest developments, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
