Titan Share Price History from 1993 to 2023

In this article, you will find the details of Titan Share Price History. Additionally, we will provide important fundamental details about Titan Shares.

Titan Share Price History

Titan, a prominent name in the Indian consumer goods industry, has embarked on a remarkable journey of growth and transformation. In 1993, its revenue stood at ₹8.19, marking the beginning of a story unfolding over the next three decades. The company faced its share of challenges, experiencing a 28% drop in revenue by 1995.

However, Titan’s commitment to innovation and quality gradually steered the ship in the right direction. Over the years, the brand diversified its product offerings and made significant strides in the watch and jewellery segments.

The turning point came in the early 2000s when Titan’s revenue grew substantially, climbing from ₹1.84 in 2001 to ₹6.46 in 2003. This growth trajectory continued, and by 2023, the company’s revenue reached ₹3116.45, representing a stellar 19.9% year-on-year increase.

Titan’s ability to adapt to market dynamics, introduce new product lines, and maintain its reputation for excellence played a pivotal role in this journey. It’s a testament to how an Indian brand can evolve from modest beginnings to become a significant player in global consumer goods.

This story of Titan serves as an inspiration for businesses and entrepreneurs in India and beyond, illustrating the power of resilience, innovation, and customer-centric strategies in achieving enduring success.

Also Read: Hindalco Share Price History

About Titan

Titan, an iconic brand in India’s consumer goods landscape, has evolved into a household name. Founded in 1984 as a partisanship venture between the Tata Group and Tamil Nadu Industrial Development Corporation (TIDCO), Titan has become synonymous with quality and trust.

Titan’s journey is a testament to the brand’s commitment to diversification and innovation. While it began as a watch manufacturer, it quickly expanded into other lifestyle segments, including jewellery and eyewear. This strategic diversification allowed Titan to serve a broader customer base and manage risks effectively.

The company’s focus on quality and craftsmanship, exemplified by Tanishq’s intricate jewellery designs and Titan Eyeplus’ precision eyewear, has earned it the trust and loyalty of millions. Titan is a shining example of how an Indian brand can grow from its modest beginnings to become a global player in the consumer goods industry. Its story inspires entrepreneurs and businesses, highlighting the significance of adaptability, innovation, and a customer-centric approach to achieving enduring success.

Fundamentals of Titan

Here are some primary fundamental data about Titan (until 2023):

Market Capitalization (Market Cap):

Titan’s market capitalization often called a market cap, is a substantial ₹2,766.74 billion. Market cap is a crucial metric representing the sum of all outstanding shares of the company’s stock in the open market. It reflects the company’s overall worth based on its stock price.

Enterprise Value:

The enterprise value of Titan is ₹2,839.36 billion. Enterprise value (EV) is a comprehensive metric that considers not just the market capitalization but also the company’s total debt, preferred equity, and minority interests. 

Price-to-Book Ratio (Price/Book):

Titan’s price-to-book ratio (P/B ratio) is 25.29. The P/B ratio measures how the market values a company concerning its book value. It’s calculated by dividing the current market price by the book value per share. A high P/B ratio can indicate that the market has high expectations for a company’s growth, while a low P/B ratio may suggest that the stock is undervalued.

Outstanding Shares:

Titan has 887,785,000 outstanding shares. Outstanding shares are the total shares held by all its shareholders, including institutional investors and company insiders. This metric is vital for calculating various financial ratios and understanding the company’s ownership structure.

Float/Outstanding Share:

The float, expressed as a percentage of outstanding shares, is 41.23%. The float represents the number of shares available for trading by the public. When a company has a lower float, it can be more susceptible to price volatility because the supply of shares available for trading is limited.

Dividend Yield:

Titan offers a dividend yield of 0.320%. The dividend yield is a ratio that defines what a company pays in dividends each year based on its share price. It’s an essential metric for income-seeking investors and indicates the company’s commitment to sharing profits with its shareholders.

(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)

Questions and Answers about Titan