Titan Q1 Results:

Titan Company Limited's net profit jumped 13 times to Rs 793 crore during the April-June quarter.

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Let us tell you that in the same quarter last year, this Tata Group company had a profit of Rs 61 crore.

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The company's total quarterly income increased by 199% to Rs 8,649 crore as against Rs 2,890 crore in the same quarter last year.

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Titan's jewelry business reported an income of Rs 7,600 crore in the June quarter, up from Rs 2,467 crore a year ago.

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In 2003, Rakesh Jhunjhunwala invested in Titan Company, making him the Big Bull of the stock market.

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In 2003, Jhunjhunwala bought six crore shares at a price of Rs 3. Titan remains his favorite stock even today.

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This stock has given returns with a CAGR of 35% in the last 20 years. Jhunjhunwala holds a 3.98 percent stake in Titan.

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Shares of Titan Company Ltd closed at Rs 2,428.00 with a gain of Rs 4.35 (0.18 percent) on Friday.

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Titan Company Ltd Share Details Mkt cap: 2.17LCr 52-wk high: 2,768.00 52-wk low: 1,763.20 P/E ratio: 99.20 Div yield: 0.31%

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