Multibagger Stock: Up 800% In 10 years! What's Next For Titan?

[{ "selector": ".noxcf-a", "duration": "1500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Multibagger return:
Titan stock

Shares of Tata Group Company Titan have delivered over 800% return to its long-term investors in the last 10 years [{ "selector": ".plnse-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".blrba-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 458px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

About Titan Company

In 1984, Titan began its journey as a joint venture between the Tata Group and Tamil Nadu Industrial Development Corporation (TIDCO). It is now the fifth-largest integrated watch manufacturer in the world [{ "selector": ".amaxw-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".lncbf-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 421px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Titan on D-Street

Shares of Titan Company hit its 52-week high of Rs 2,790 on October 31, 2022, and a 52-week low of Rs 1,827.15 on July 1, 2022 [{ "selector": ".gxdtf-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".njpdn-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 462px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Titan share price

Titan stock ended 1.2% lower at Rs 2437.60 on BSE on January 11, 2023. Market cap of the firm fell to Rs 2,16,406.75 crore [{ "selector": ".azgwi-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".tqzfu-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateX(-320.0000912444759px)", "opacity": "1"}, {"offset": 1, "transform": "translateX(0)", "opacity": "1"} ] }]

Titan stock: Should
you buy?

Prabhudas Lilladher has an Accumulate rating on the Titan stock with a target price of Rs 2,875 [{ "selector": ".fdozb-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".ssmed-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 457px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Prabhudas Lilladher
on Titan stock

The brokerage firm believes that new businesses like Wearables, Taneira (Distribution and product range led), and Carat lane will continue to gain traction [{ "selector": ".olinp-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".gerbe-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateX(-323.0000912444759px)", "opacity": "1"}, {"offset": 1, "transform": "translateX(0)", "opacity": "1"} ] }]

Motilal Oswal on Titan

Motilal Oswal believes that earnings growth visibility for Titan remains strong. It has a 'Buy' rating with a target price of Rs 3,080 [{ "selector": ".tlapa-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".feupn-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 466px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

ICICI Securities on
Titan stock

ICICI Securities said that Titan is one company where the capability to translate the opportunity to earnings is high [{ "selector": ".wuopb-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".zeesx-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 462px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

Disclaimer

The stock mentioned in the story is for information purposes only. Investors or market participants should consult their financial advisors before taking any position [{ "selector": ".tjamr-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".pzgfo-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 425px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

World’s Richest Actors: SRK Ranks 4th On The List

Story by: Tanya Aneja Designed by: Mohsin [{ "selector": ".rggbr-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".owpxu-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".pcezf-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }] Click Here

Related Stories Stock recommendations by analysts for April 18: NMDC, Mahindra Finance and Motherson Stock recommendations by analyst for April 16: CSB Bank, Indus Towers and Godrej Properties Shriram Finance, Wipro top losers on Nifty50 as market extends sharp fall; ONGC most active on April 15 Hot stocks on April 15: Tata Motors, IREDA, Exide Industries, Waaree Renewable and more

Multibagger Stock: Up 800% In 10 years! What's Next For Titan?

Multibagger return: Titan stock