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RJ Market Watch

Titan Company Stock Up 5% on Strong Q3 Results



Mumbai, February 4: Titan Company Ltd. opened at Rs. 1025.00 today after closing at Rs. 991.55 yesterday. Today’s opening price has increased 22 points as compared to yesterday’s opening price.  Also, the previous day observed a day high of Rs. 1005.00 and a day low of Rs. 985.10 . The stock is currently trading at Rs 1,040, up 5%. The company’s jewellery business reported a robust 37 per cent sales growth mainly led by grammage growth of 20 per cent. The rise in the stock is on the back of good Q3 result.

The volume weighted average price (vwap) was observed to be Rs. 1028.14 while the bid-ask spread was recorded to be -0.1 points. With this a price band of Rs. 892.40 – 1,090.70 was also provided by Titan Company Ltd. for the day.

After touching a maximum of Rs. 1005.00 which was 2 points more than the opening price, Titan Company Ltd. closed at Rs. 991.55 yesterday.
Also, the price went as low as Rs. 985.10 which was 17.9 points less than the opening price. The last volume that was traded was of 3,424,528 stocks and by the end of the day, the 5 day, 10 day & 30 day average volumes were 1,734,249 , 1,649,399 and 2,374,208 respectively.

In contrast to the previous day, the 5 day average volume rose 211898 stocks, 10 day average volume rose 100282 stocks and 30 day average volume rose 2284 stocks.

Courtesy: Outlook Money

(Retail Jeweller India will be hosting their 6th edition of Retail Jeweller India Forum on February 9, 2019, at Sofitel BKC, Mumbai.  Register yourself today to be part of the exciting knowledge-based event, which will have renowned speakers sharing their rich insights on this year’s theme ‘Innovate to Win’. For more information and to register, log in on to retailjewellerindiaforum.com).

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