Wednesday, 5 April 2017

Titan hits record high on hopes of robust Q4

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Shares of Titan company jumped over 5 per cent, hitting fresh 52-week high, on the Bombay Stock Exchange amid hopes that the company would report strong earnings in January-March quarter on improved demand and sales. Driven by strong Q4 earnings hopes, shares of company gained as much as 5.66 per cent to hit 52-week high of Rs 486.50 apiece on the Bombay Stock Exchange. In a similar fashion, stocks of company advanced 5.19 per cent to Rs 483.20 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 29,932.43, up 22.21 points or 0.07 per cent, at 11:35 hours.

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