Titan Company Hits 52-Week High on Robust Q2

Posted By: Religare
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Shares of Titan Company rallied nearly 25 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company reported 71 per cent growth in its consolidated net profit at Rs 305 crore in Q2FY18, compared to Rs 178 crore in same quarter last year.

Titan Company Hits 52-Week High on Robust Q2
Titan Company: Quotes, News
BSE 812.25BSE Quote4.3 (0.53%)
NSE 813.15NSE Quote2.3 (0.28%)

Boosted by strong Q2, shares of the company gained as much as 24.85 per cent to touch 52-week high of Rs 823.30 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the firm were trading 13.85 per cent higher at Rs 751.10 apiece on the National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 33,669.83, down 15.73 points, or 0.05 per cent, at 10:35 hours.

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