Titan share price rise 2%
Titan share price rose by 1.68%, reaching a closing value of 3651.8 per share. As of now, it is trading at 3713.3 per share. It’s advisable for investors to closely observe Titan’s stock price in the upcoming days and weeks to gauge its response to this development.
Titan Company Limited is an Indian company that mainly manufactures luxury fashion accessories such as jewellery, watches and eyewear. Part of the Tata Group and started as a joint venture with the TIDCO, the company has its corporate headquarters in Electronic City, Bangalore and registered office in Hosur, Tamil Nadu.
Titan Company commenced operations in 1984 under the name Titan Watches Limited. In 1994, Titan diversified into jewellery with Tanishq and subsequently into eyewear with Titan Eyeplus. In 2005, it launched its youth fashion accessories brand Fastrack. The company is the largest branded jewellery maker in India, with more than 80% of its total revenues coming from the jewellery segment. As of 2022, Titan has a 6% market share in India’s jewellery market. As of 2019, it is also the fifth-largest watch manufacturer in the world.
