Titan Company Market Cap Reaches Rs 3.15 Lakh Crore Amid Slight Stock Decline

Titan Company, a prominent player in the Gems, Jewellery and Watches industry, has shown notable activity in the market today. The stock is currently trading at a level that is 4.95% away from its 52-week high of Rs 3725.25, indicating a strong performance relative to its recent highs. However, it has experienced a slight decline of -0.46% over the past two days, with a daily performance of -0.02%, contrasting with the Sensex's gain of 0.16%.
In terms of moving averages, Titan Company is performing well, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a positive trend in its price movement over various time frames. The company's market capitalization stands at Rs 3,15,124.14 crore, categorizing it as a large-cap stock.

Financially, Titan Company has a P/E ratio of 84.89, significantly higher than the industry average of 62.74. Over the past year, the stock has delivered a return of 2.96%, outperforming the Sensex, which has seen a return of 0.85%. In the longer term, Titan Company has shown impressive growth, with a 10-year performance of 936.21%, compared to the Sensex's 203.94%.