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

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

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

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

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

Titan stock: Should
you buy?

Prabhudas Lilladher has an Accumulate rating on the Titan stock with a target price of Rs 2,875

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

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

ICICI Securities on
Titan stock

ICICI Securities said that Titan is one company where the capability to translate the opportunity to earnings is high

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

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