Best answer: Why are Titan shares falling?

Will Titan shares go up?

Will Titan stock price grow / rise / go up? Yes. The Titan Company Limited stock price can go up from 2385.350 INR to 2717.200 INR in one year.

Why Titan shares are increasing?

Titan said earlier on Wednesday, October 6 that due to the strong demand in the July-September quarter, the sales have reached the pre-pandemic levels and the company is keen to keep the growth rate at an increasing rate. The majority of the stores are now fully functional across the country.

How many shares of Titan does Rakesh Jhunjhunwala have?

Jhunjhunwala holds 3,30,10,395 Titan shares whereas his wife has 96,40,575 titan company shares in her portfolio.

Is Titan good for long term?

The company has good fixed assets as of the 2021 year. The debt/equity ratio is “0.54” (2021 year) and also has a good interest coverage ratio. … As the company financials are good and good (return on equity)is good to buy as long-term investments.

Is Titan overvalued?

PB vs Industry: 500114 is overvalued based on its PB Ratio (27.2x) compared to the IN Luxury industry average (1.1x).

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.

THIS IS INTERESTING:  You asked: What index fund should I invest in?

Is Titan share a good buy?

Titan remains top pick on the discretionary consumption space. It maintains Buy rating with a TP of INR2,065 per share. Promoters held 52.9 per cent stake in the company as of June 30, 2021, while FIIs held 18.4 per cent, DIIs 10.1 per cent and public and others 18.6 per cent.

Who is Rakesh Jhunjhunwala wife?

Does Rakesh Jhunjhunwala have Tata Motors?

Part of the Tata group, Tata Motors is headquartered in Mumbai, Maharashtra. According to the shareholding pattern of Tata Motors for April to June 2021, Rakesh Jhunjhunwala owns 3.77 crore equity shares of the company. This means he holds a 1.14% stake in the company.