Titan Company Ltd

(TITAN)

Titan Company Faces Decline Amid Weak Q2 Results - 20 Nov, 2024

Titan Company Limited's stock has fallen 15.80% since September 30, attributed to disappointing Q2 jewellery segment margins and a 100 basis point cut in FY25 margin guidance. Despite this, Titan plans to expand its luxury jewellery market presence significantly.

Titan Stock Shows Reversal Potential Amid Challenges - 18 Nov, 2024

Titan's stock is near Rs 3,180, showing resilience with a potential reversal indicated by bullish patterns. However, medium-term headwinds from competition may impact its jewellery business.

Titan Company Shows Resilience with Bullish Signals - 17 Nov, 2024

Titan Company is currently trading around Rs 3,180, showing resilience with a bullish engulfing pattern. Analysts suggest a buying opportunity in the Rs 3,100-3,200 range, targeting Rs 3,500.

Titan's Growth Targets Under Suparna Mitra's Leadership - 14 Nov, 2024

Under Suparna Mitra's leadership, Titan's watches and wearables division achieved over Rs 5,000 crore in sales for FY24, with a growth target of Rs 10,000 crore by 2027. The company also shows strong growth in the jewellery segment, attracting long-term investors.

Ashapuri Gold Ornament Partners with Titan Company - 13 Nov, 2024

Ashapuri Gold Ornament Limited has signed a strategic agreement with Titan Company Limited for the supply of gold jewellery from August 1, 2024, to July 31, 2026. The contract focuses on fulfilling Titan's evolving requirements for gold jewellery, although it does not specify a fixed monetary value.

Titan Company Secures Gold Supply Agreement and Price Target - 12 Nov, 2024

Ashapuri Gold Ornament Limited has entered a strategic agreement with Titan for gold jewellery supply from August 2024. Additionally, a price target of Rs 3,500-3,800 suggests an 18.5% upside potential for Titan shares.

Titan Company Enhances Operations with AI Innovations - 11 Nov, 2024

Titan Company is leveraging AI and generative AI to boost efficiency in manufacturing and retail. Innovations include AI-powered quality control for watches, enhanced customer experience on digital platforms, and predictive marketing strategies. The company is also deploying vision AI in eyecare and conversational bots for customer service, aiming to improve operational efficiency and customer engagement.

Titan Company Market Cap Declines Amid Q2 Performance - 10 Nov, 2024

Titan Company saw a market cap decrease of ₹3,136 crore, closing at ₹2,79,499 crore. The share price fell to ₹3,186.25, reflecting a 1.11% weekly decline. Investec maintained a hold rating, lowering the target price from ₹4,100 to ₹3,822, citing below-estimate Q2 performance.

Titan Company: Mixed Signals from Analysts - 08 Nov, 2024

Motilal Oswal reiterates a buy rating for Titan with a target of Rs 3,850, while Marcellus reduces its position due to LGD concerns. Despite challenges, Titan's growth outlook remains positive.

Titan Shares Drop Following Q2 Profit Decline - 07 Nov, 2024

Titan Company Ltd's shares declined nearly 2% after the firm reported a 23% drop in consolidated net profit for Q2 FY25, raising concerns about discretionary spending and market conditions.

Titan Company Faces Margin Pressure but Analysts Remain Optimistic - 06 Nov, 2024

Titan Company reported a mixed Q2FY25 with income growth but a significant drop in net profit. Analysts adjusted price targets, citing margin concerns, while management remains optimistic about future performance. Some brokerages upgraded their ratings, highlighting strong demand recovery and growth strategies.

Titan Company Reports Decline in Profit Amid Growth - 05 Nov, 2024

Titan Company reported a 23.1% decline in consolidated profit to ₹704 crore for Q2 FY25, despite a 26% increase in total income. Revenue from operations grew 25.8%, but the company cut its EBIT margin guidance for FY25 to 11-11.5%. The results reflect challenges despite growth in the jewellery segment.

Titan Faces Market Decline Amid Positive Q2 Outlook - 04 Nov, 2024

Titan Company experienced a 2.39% drop in share price, resulting in a ₹6,987 crore market cap loss. However, Q2 earnings preview suggests mid-teens revenue growth and profit increase due to reduced gold customs duty.

Titan Company Prepares for Q2 FY25 Earnings Release - 03 Nov, 2024

Titan Company will announce its Q2 FY25 earnings on November 5, 2024. The trading window is closed until then. As of November 1, Titan's stock closed at Rs 3,293.55, showing a 0.75% increase. Despite a 5.39% dip in the last month, long-term investors have seen a 25.37% growth over the past year.

Titan Company Benefits from Customs Duty Cut - 02 Nov, 2024

Gold stocks, including Titan Company, gained momentum following Finance Minister Nirmala Sitharaman's announcement of a customs duty reduction on gold and silver to 6%.

Titan Company Positioned for Growth with New Stores - 31 Oct, 2024

Titan Company continues to outperform competitors, with plans to open 40-50 Tanishq stores and 70-80 Mia/Caratlane stores, supported by a price target of Rs 4300.

Titan Stock Recommendation Amid Market Fluctuations - 29 Oct, 2024

Titan Company Ltd experienced a slight decline in share price, but Religare recommends a buy with a target price of ₹4,270, citing strong growth potential and market presence.

Titan Launches Smartwatches and Enhances Employee Practices - 28 Oct, 2024

Titan Company Ltd. has launched the Crown Collection of premium smartwatches while also enhancing employee practices with a Mood-O-Meter app and hiring initiatives, aiming for significant growth and gender diversity.

New Nominee Director Appointed for Titan Company - 24 Oct, 2024

The board of Titan Company has appointed PB Balaji as Nominee Director of Tata Sons, effective October 28, 2024, signaling a strategic leadership change.

Titan Reports Strong Demand, New Director Appointment - 23 Oct, 2024

Titan Company Limited's jewellery division saw a 25% rise in domestic demand following a customs duty reduction on gold. Additionally, P.B. Balaji was appointed as a nominee director representing Tata Sons, effective October 28, 2024.