- Titan Co’s jewelry sales in the third quarter were 118.29 billion rupees, below the market estimate of 138.36 billion rupees.
- Sales of watches were 9.82 billion rupees, slightly under the expected 10.37 billion rupees.
- Eyewear sales reached 1.67 billion rupees, missing the projected 1.81 billion rupees.
- Titan Co’s total costs amounted to 118.46 billion rupees.
- The company reported other income of 1.39 billion rupees.
- The Earnings Before Interest and Taxes (EBIT) were reported at 15.06 billion rupees.
- Current analyst recommendations for Titan Co include 19 ‘buys’, 10 ‘holds’, and 5 ‘sells’.
A look at Titan Co Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have assessed Titan Co Ltd‘s long-term outlook using their Smart Scores. The company has shown strengths in Growth and Momentum, scoring a 4 in both categories. This indicates a positive trajectory for Titan Co Ltd‘s future expansion and market performance. However, on the Value and Resilience fronts, the company scored lower with a 2, suggesting areas that may need further attention for long-term sustainability.
Titan Co Ltd, a manufacturer and retailer of jewelry, watches, and perfumes, has achieved a moderate overall outlook based on the Smartkarma Smart Scores. With a score of 3 in the Dividend category, the company showcases a stable dividend performance. Investors may find Titan Co Ltd‘s growth potential and market momentum promising, while considering opportunities to enhance its value and resilience for a more robust long-term position in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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