Question: Why are Titan shares falling?

Titan Company share price closed 10% lower today after the firm reported Q2 earnings that fell below street expectations. Subdued performance in the jewellery business after gold prices hit all time high affected the performance of the jewellery and watch manufacturer for quarter ended September.

Why is Titan falling?

At 12:18 pm, shares of Titan Co were trading 2.2 percent lower at Rs 2,405.20. The stock has gained close to 40 percent in the past three months, and today’s fall in the scrip is likely due to profit-taking after confirmation of strong earnings.

Will Titan shares go down?

There’s a good chance that this upwards movement will continue tomorrow as well. Tomorrow’s movement Prediction of Titan Company Limited TITAN as on 28 Feb 2022 is showing signs of strength.

Munafa value: 100 as on 28 Mon Feb 2022.

Upside target 2647.05
Downside target 2404.82
Downside target 2379.75

Will Titan shares go up?

Will Titan stock price grow / rise / go up? Yes. The Titan Company Limited stock price can go up from 2443.600 INR to 2938.940 INR in one year.

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Is Titan Company a good investment?

Titan is well poised to achieve strong revenue and PAT CAGR of 22% and 54%, respectively, over FY2021-FY2024. We maintain our buy recommendation on the stock with an unchanged price target of Rs 2,900. At 09:20 hours Titan Company was quoting at Rs 2,436.45, down Rs 39, or 1.58 percent, on the BSE.

At what price did Rakesh Jhunjhunwala bought Titan?

The couple jointly holds a 4.81% stake in the company, as per data available on the BSE website. Titan share price settled at Rs 2,146.80 per share on Wednesday afternoon, where the value of Rakesh Jhunjhunwala’s investment in the firm stood at Rs 9,156 crore.

Is Titan overvalued?

PB vs Industry: 500114 is overvalued based on its PB Ratio (29.6x) compared to the IN Luxury industry average (1.3x).

What will be TCS price in 2030?

TCS share price target 2025 around ₹4820. TCS share price in 2030 around ₹6400.

Is Titan owned by Tata?

Titan Company Limited (Titan), a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO), commenced its operations in 1984 under the name Titan Watches Limited. Titan is the fifth largest integrated own brand watch manufacturer in the world.

Which share is best to buy now?

Stocks to Buy Today: Best Shares to Buy in India

Name LTP High
ICICI Bank 688.05 707
Axis Bank 715.00 733
Bajaj Finserv 15,333.20 15,672
Reliance Industr 2,325.55 2,364

Is Titan Large Cap?

The current market price of Titan Company is Rs 2657.35. … Titan Company Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 235929.17 Crore) operating in Gems and Jewellery sector.

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What is the future of Bajaj Finance share?

Bajaj Finance Ltd quote is equal to 6747.850 INR at 2022-03-03. Based on our forecasts, a long-term increase is expected, the “Bajaj Finance Limited” stock price prognosis for 2027-02-26 is 14352.70 INR. With a 5-year investment, the revenue is expected to be around +112.7%.

Will Trident share go up?

As on 3rd Mar 2022 TRIDENT Share Price closed @ 51.65 and we RECOMMEND N/A for LONG-TERM with Stoploss of 0.00 & N/A for SHORT-TERM with Stoploss of 0.00 we also expect STOCK to react on Following IMPORTANT LEVELS.

TRIDENT Share Price.

IDEA 11.10 6.22%
VEDL 395.95 2.23%
JPPOWER 7.20 0.00%
SUZLON 9.90 1.54%

Why Titan shares are increasing?

Analysts noted that Titan continues to turn in an impressive industry-leading performance and has kept on gaining market share of late. Buoyancy in jewellery demand driven by festive and wedding related purchases in October and November would boost its December quarter results, they noted.

When did Rakesh Jhunjhunwala invest in Titan?

Similarly, in the case of India’s very own Rakesh Jhunjhunwala, it was his decision to make a substantial investment in a then poorly-performing stock called Titan Company Limited in 2002-2003.

How many shares does Rakesh Jhunjhunwala have of Titan?

Rakesh Jhunjhunwala holds 3,37,60,395 shares or 3.80 per cent stake in the company whereas his wife Rekha Jhunjhunwala holds 95,40,575 shares or 1.07 per cent stake in the company. So, Jhunjhunwalas together hold 4.87 per cent stake or 4,33,00,970 Titan Company shares.