The share price of Titan, a part of the Tata Group, has witnessed a strong buying trend recently. The company has reached a new milestone as it touched a market capitalization of Rs. 3 lakh crore during Tuesday’s trading session. Titan’s shares were trading at Rs. 3,400 with a gain of 2% during Tuesday’s trading session. The market capitalization of Tata Consultancy Services, another company under the Tata Group, is Rs. 12.95 lakh crore. On Wednesday, November 22, 2023, Titan’s share price was trading at Rs. 3,420 with a gain of 0.75%. However, on Thursday, November 23, 2023, the share price witnessed a decline of 0.87% and was trading at Rs. 3,400.
In the next five years, Titan has announced plans to recruit over 3,000 employees in various fields such as engineering, design, luxury, digital, data analytics, marketing, and sales. The company is currently seeking skilled workers in data analytics, cyber security, product management, digital marketing, and modern skills. Titan has recorded a net profit of Rs. 940 crore for the September 2023 quarter. The company has stated that it has a special plan to achieve a turnover of Rs. 1,00,000 crore in the next five years. It aims to add 3,000 more people to its workforce in the next five years. Currently, 60% of Titan’s employees work in metropolitan cities, while 40% work in other cities. In the September 2023 quarter, Titan achieved a consolidated revenue of Rs. 11,660 crore, marking a growth of 33.6% compared to the same quarter in the previous financial year when the company recorded a revenue of Rs. 8,730 crore.
Titan Share Price
- Titan’s market capitalization reached 3 lakh crore rupees in the trading session on Tuesday with a 2% increase, trading at 3,400 rupees per share.
- Tata Consultancy Services, a company of the Tata Group, has a market capitalization of 12.95 lakh crore rupees.
- On Wednesday, November 22, 2023, Titan’s share was trading at 3,420.00 rupees per share with a 0.75% increase.
- On Thursday, November 23, 2023, Titan’s share was trading at 3,400 rupees per share with a 0.87% decrease.
- Titan has announced the recruitment of more than 3,000 employees in the next five years in various fields such as engineering, design, luxury, digital, data analytics, marketing, and sales.
- Titan is seeking skilled workers in data analytics, cybersecurity, product management, digital marketing, and modern skills.
- Titan reported a net profit of 940 crore rupees for the September 2023 quarter.
- Titan has a special plan to achieve a business of 1 lakh crore rupees in the next five years and aims to add 3,000 more people to its workforce.
- Currently, 60% of Titan’s employees work in metropolitan cities, while 40% work in other cities.
- In the September 2023 quarter, Titan generated a revenue of 11,660 crore rupees, a growth of 33.6% compared to the same quarter in the previous financial year.
News Title: Titan Share Price 23 November 2023
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