Titan Share Price Target Forecast, live chart, Prediction
Titan Company is an Indian multinational company that manufactures and sells watches, jewelry, and eyewear. The company is headquartered in Bangalore, Karnataka. It is a part of the Tata Group, one of India’s largest conglomerates.
The company was founded in 1984 as a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO). The company began operations in 1985 with a watch manufacturing plant in Hosur, Tamil Nadu. Today, Titan Company has over 9,000 employees and operates in over 30 countries.
In 2017, Titan Company had a revenue of Rs. 284 billion (US$4.3 billion). The company’s products are available in over 50,000 retail outlets across India. Titan Company’s market capitalization was Rs. 1,213 billion (US$18 billion) as of March 2018.
Titan Company’s share price has been on a steady uptrend in recent years. The TITAN stock hit an all-time in Nifty high of Rs. 1,200 (US$15) in January 2018. Titan Company is expected to continue its strong performance in the coming years supported by favorable macroeconomic factors such as rising disposable incomes and growing demand for branded jewelry and watches in India.
Looking ahead, the company is well-positioned to capitalize on the growing demand for its products and services with its strong brand equity, extensive distribution network, and efficient operations. We believe Titan Company is a good long-term investment option with significant upside potential.
Titan Company Fundamental :
The Titan Company is an Indian multinational conglomerate. It was founded in 1984 and has its headquarters in Bangalore, India. The company is engaged in the manufacture and sale of watches, jewelry, eyewear, and accessories. It also operates retail outlets under the brand name “Tanishq”. The company is a part of the Tata Group.
The Titan Company has a strong presence in the Indian market with a market share of around 70% in the organized watch market and 50% in the jewelry market. The company has a wide distribution network with over 1,400 stores across India. The company also has a strong international presence with its products being sold in over 30 countries.
The Titan Company reported a revenue of Rs. 22,091 crores (US$ 3.2 billion) for the financial year ending March 31, 2019. The company reported a net profit of Rs. 1,214 crores (US$ 172 million) for the same period.
Titan Company Dividend history
Titan Company has been paying dividends since 2004. The company has a good dividend history and has increased its dividend payout in recent years. The company’s dividend yield is around 1.5%.
The company has a strong balance sheet and is well-positioned to continue paying dividends in the future. Titan’s dividend payout ratio is around 30%, which means that the company has room to increase its dividend in the future.
Titan’s share price has been volatile in recent years, but the company’s fundamentals remain strong. I believe that Titan is a good long-term investment and believe that the company’s share price will reach new highs in the future.
Titan’s Share Price Target for 2024
Titan’s share price target for 2024 is $500. This target is based on the company’s strong fundamentals and its history of paying dividends. Titan has a strong balance sheet and a history of profitable operations.
Titan’s Share Price Target for 2025
As we approach 2025, we see that Titan’s share price target is $30. This is based on a number of factors, including the company’s strong fundamentals and dividend history. We believe that Titan is a great long-term investment and that its share price will continue to rise in the years to come.
Titan’s Share Price Target for 2030
As we approach the end of the decade, it’s important to take a look at where Titan’s share price might be headed. While it’s impossible to say for certain, we believe that the company’s share price could reach as high as $30 by 2030.
First, Titan has a strong track record of delivering shareholder value. Over the past five years, the company has increased its dividend by an average of 10% per year. This trend is likely to continue in the future, which will provide shareholders with a nice source of income.
Second, Titan has been investing heavily in its online presence. The company recently launched an e-commerce platform and is also working on developing a mobile app. This focus on digital will allow Titan to reach a wider audience and tap into new growth markets.
Finally, Titan has been aggressively expanding its operations in recent years. The company has opened new stores in India and China and is also looking to enter new markets such as Southeast Asia. This expansion will help drive top-line growth and further increase shareholder value.
Based on these factors, we believe that Titan’s share price could reach $30 by 2030. This would represent a compound annual growth rate of approximately 8%, which is very achievable given the company’s strong fundamentals.
The Titan Company is a great investment for the future. The company has been growing steadily over the past few years and is expected to continue to grow in the coming years. The dividend history is strong and the share price target for 2024, 2025, and 2030 are all very achievable.