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Titan Company shares rise 1% as Sensex drops

Titan Company shares exchanged with an increase of 1.06% to Rs. 1,236.50. In the interim, a sum of 22,01,777 offers changed hands on the counter.

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Titan Company shares rise 1% as Sensex drops

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  1. Titan Company shares rise 1% as Sensex drops Titan Company shares rise 1% as Sensex drops On Thursday, Titan Company shares exchanged with an increase of 1.06% to Rs. 1,236.50. In the interim, a sum of 22,01,777 offers changed hands on the counter. Then again, the benchmark Sensex exchanged with lost 2.08% at 39,946.46 level. In the last exchanging meeting, the stock had shut with lost 1.50% at Rs. 1,219.70. According to the news, the share price of Titan opened at Rs. 1,222.90. It hit a day exorbitant cost of Rs. 1,237.55 and a day low cost of Rs. 1,211.60. Right now, the scrip is exchanged at Rs. 1,219.95 with a 0.29% misfortune. Furthermore, the stock provided a 52-week significant expense estimate of Rs. 1,389.95 and a 52-week low cost of Rs. 720.90. Over the most recent three months, Rekha Jhunjhunwala W/O Rakesh Jhunjhunwala sold around 50,000 offers in Titan organization, said by a source. As of June 2020, the Rekha Jhunjhunwala held around a 1.10% stake in the Titan organization. In the September quarter, her shareholding dropped to 1.09% after the offer of 50,000 offers. During a similar period, the other two elements brought their shareholding up in Titan Company Limited from 2.53% to 3.31% and 17.55 percent to 18.05%. These two firms are LIC and Foreign Portfolio Investors. As per the stock trade information reports, the Titan organization stock has brought almost 26% up in the Q2 of FY21. According to the valuation proportion, the stock exchanged at a P/E proportion various of 130.98 and a P/B proportion of 12.43.

  2. The Market capitalization of the stock remained at Rs. 1,09,406.33 crores. Stock Market October 15th: On Thursday, both the Sensex and Nifty exchanged a bearish pattern in the securities exchange. The BSE Sensex drops 915.91 focuses at the 39,878.83 level with a 2.21% misfortune. Furthermore, the Nifty slips 251.60 focuses with a 2.10% misfortune at the 11,719.45 level. Then again, the quantity of affirmed or Covid cases in India arrived at 73,07,097 as of fifteenth October, and passings arrived at 1,11,311. In the fringe showcases, the S&P BSE Small-Cap revealed a bullish pattern in the financial exchange. It decreases 188.96 focuses with a 1.27% misfortune and arrived at 14,670.57 level. The S&P BSE Mid-Cap lost 197.89 focuses with a 1.34% drop and arrived at 14,532.62 level. While the Nifty Bank decays 647.55 focuses with a 2.71% misfortune and arrived at 23,227.10 level.

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