Dear Readers, in today’s blog post I will be sharing about one of India’s finest companies, Titan. Also, I will be sharing fundamental and technical analysis of Titan share price target 2025 to 2030 based on these. Let’s start!!
About the company
Titan Company Ltd. Is a Tata group company that is into manufacturing fashion accessories. It is headquartered in Bengaluru and has a registered office in Hosur, Tamil Nadu. The company started operations under the name Titan Watches Ltd. In the year 1984 later diversified into jewellery under the name Tanishq and then into the eyewear category under the name Titan Eyeplus.
In the year 2005, Titan launched a famous youth accessories brand named Fastrack which became a huge hit among the targeted segment.
More than 80% of Titan’s revenues come from the jewelry segment and it has more than 6% of the jewellery market’s share in India.
Titan opened its first overseas Tanishq jewelry store in Dubai in November 2020 aiming to target foreign customers as well as Indian customers residing there.
Titan is operating under various segments now namely watches, jewelry, eyewear, and perfume.
Titan is one of India’s most respected lifestyle companies
Titan is headed by Mr. N Muruganandam in the capacity of Chairman. Mr. CK Venkataraman is the Managing Director of the company.
Table of Contents
Brands under Titan Company
Currently, Titan eye+ has more than 850 stores, Tanishq has 480+ stores, Titan Watches has more than 600+ stores, Caratlane has more than 200+ stores, and Helios has 180+ stores across India. The company has a very strong presence throughout India and is leveraging it to the fullest.
Awards
Titan company has won many prestigious awards in India as well as overseas. Some notable awards won by the brand are:
- Hall of Fame award by Franchisee India
- Good design award by the Design Council of Japan for Skeletal Edge.
- ” Most Admired Retailer of the Year” by Images Retail awards in the jewelry category.
- Award for customer service excellence at Golden Globes Tigers Award.
Fundamental Analysis – Titan share price
Titan’s current market cap is approximately Rs 289969 cr and Titan share price is Rs 3266. The ROE and ROCE of Titan are 25.1% & 30.5% respectively. Currently, Titan share price is trading around 24 times the book value.
| Market cap (in cr) | P/E | current price (in Rs) | Book value (in Rs) | ROCE | ROE |
| 289969 | 90 | 3266 | 133 | 30.50% | 25.10% |
The CAGR(Compounded Annual Growth Rate) of Titan for the past 10 years is 30%.
| P&L | Jun-20 | Jun-21 | Jun-22 | Jun-23 |
| Sales (in cr) | 1979 | 3473 | 9443 | 11897 |
| Operating profit (in cr) | -257 | 137 | 1196 | 1125 |
| Net Profit (in cr) | -297 | 18 | 790 | 756 |
| EPS | -3.28 | 0.2 | 8.8 | 8.4 |
As you can see in the above table, the sales have grown by 500% over the past three years which is a very good sign. The net profit earned in June’23 is Rs1125cr which was a loss of Rs 257cr in the year 2020. This shows the company’s strength in what they are doing.
Titan has been growing from strength to strength. It has become a powerhouse of the Indian market.
Technical Analysis – Titan share price
Let’s understand the weekly and monthly charts of Titan share price.
Monthly chart of Titan share price
The 52-week high of Titan is Rs 3352 & Rs 2269 respectively.
As you can see in the monthly chart(spanning 2 years) of Titan, the share price of Titan touched a high of Rs 1282 in the month of October’19. This high was broken in the month of Dec 2020 and closed at the price of Rs 1383 in that month.
Since this breakout, the stock kept moving upward and made a high of Rs 2768 in March’2022.
The stock again moved downwards and made a low of Rs 1825 in July ‘2022. The high of Rs 2768 was broken in the month of June’23 and the stock is trading at a high of Rs 3254 currently.
With the jewelry sector moving from unorganized to organized, and the youth becoming more and more style-conscious and identity-conscious, the growth story of Titan is yet to play out to its full potential.
Titan share price Weekly chart
As you can see in the weekly chart of Titan share price movement, the stock made a high of Rs 2768 in the month of March’22 which did not sustain and the stock spiraled towards a low of Rs 1825 in July’22.
The high was again broken in the month of October 2022 but as you can see in the chart, it’s a false breakout, and the price action did not sustain.
It made a low of Rs 2269 in the month of January 2023 post this failed breakout. The stock went sideways for some time before making a high of Rs 2791 in the month of June’23 and the stock gave a closing at Rs 2876.25.
Since then the stock has been moving upwards and is currently trading at a price of Rs 3254.
Also, as you can see in the chart above, the stock is respecting 10 sma. So it’s an important indicator while studying chart patterns.
To view charts, pls visit https://chartink.com/stocks/titan.html
Titan share price target 2025 to 2030
The graph below shows the tentative price targets for Titan share price movement in the upcoming years.
Titan share price target in 2030 is expected to be in the range of Rs 5485 and Rs 6900.
Titan share price target in 2025 may be in the range of Rs 2800 to Rs 3650.
Titan share price target in the year 2026 is expected to be in the range of Rs 3650 to Rs 4380.
Titan share price movement is expected to consolidate between the years 2026 to 2028 and not much movement may be seen.
Is Titan a Tata group company?
Yes, Titan is a Tata group company.
What are the names of famous Titan brands?
A few famous Titan brands are Tanishq, Fastrack, Helios, Titan Eye+, etc.
What is Titan share price target 2025?
Titan share price is expected to touch Rs 3650 by the year 2025.
What is Titan share price target 2030?
Titan’s share price target is Rs 6900 by the year 2030.
Does Tanishq have an overseas store?
Yes, Tanishq has a store in Dubai.
How to check Titan share price history?
Titan share price history can be checked on websites like tradingview.com, moneycontrol.com, etc.
What do you mean by Titan share price NSE?
Titan share price on the National Stock Exchange.
How to check Titan share price today?
You can check today’s share price of Titan on websites like tradingview.com, moneycontrol.com, etc.
Conclusion
Titan is a robust company and is part of the prestigious Tata group of companies. As discussed above, the price movement and fundamentals of the company are very strong. You may make an informed decision regarding the investment in the stock from the information provided above.
Disclaimer
This is not a piece of financial advice and we are not SEBI-registered analysts. You may consult your financial advisor before going ahead with the investment/trading strategy in this stock. Readers who wish to learn more may check the links below:
- Tata Motors share price target 2025
- IEX share price target 2025
- Infosys share price target 2025
- Bajaj Finance share price target 2025
- IDFC first bank share price target 2025
- Yes bank share price target 2025
- Adani Power share price target 2025
- IRB Infra share price target 2025
- Adani Ports share price target 2025
- Hcl tech share price target 2025