Company Profile

Titan Company has informed that the meeting of the Board of Directors of the Company is scheduled on 27/10/2021, to consider and approve the unaudited financial results for the quarter and half year ended 30th September 2021. The unaudited results shall be published immediately after the conclusion of the Board Meeting. As intimated to the Stock Exchanges vide letter number SEC 62/ 2021-22 dated 21st September 2021, the Trading Window for the purpose of trading in the shares of the Company by its 'Designated Persons' is closed from 23rd September 2021 and shall be opened 48 hours after the conclusion of the aforesaid meeting of the Board of Directors.

The above information is a part of company’s filings submitted to BSE.

Titan Company has witnessed a strong recovery in demand in the July-September quarter (Q2FY22) after the second wave across its consumer businesses with sales moving swiftly above or close to pre-pandemic levels in most of the divisions. In terms of revenue, in the jewellery segment, which contributes a larger portion of its turnover, it has reported 78 percent growth in Q2FY22 compared to Q2 FY21. Apart from its thrust on the digital channel, the company has accelerated its retail network expansion during the quarter.

Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.

Titan Company is currently trading at Rs. 2330.00, up by 183.20 points or 8.53% from its previous closing of Rs. 2146.80 on the BSE.

The scrip opened at Rs. 2222.85 and has touched a high and low of Rs. 2348.45 and Rs. 2222.85 respectively. So far 109983 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2,348.45 on 07-Oct-2021 and a 52 week low of Rs. 1154.00 on 02-Nov-2020.

Last one week high and low of the scrip stood at Rs. 2348.45 and Rs. 2122.35 respectively. The current market cap of the company is Rs. 205012.02 crore.

The promoters holding in the company stood at 52.90%, while Institutions and Non-Institutions held 28.49% and 18.61% respectively.

Titan Company has witnessed a strong recovery in demand in the July-September quarter (Q2FY22) after the second wave across its consumer businesses with sales moving swiftly above or close to pre-pandemic levels in most of the divisions. In terms of revenue, in the jewellery segment, which contributes a larger portion of its turnover, it has reported 78 percent growth in Q2FY22 compared to Q2 FY21. Apart from its thrust on the digital channel, the company has accelerated its retail network expansion during the quarter.

Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.