TITAN SHARE PRICE TARGET 2024, 2025, 2026 to 2030

Titan Company‘s journey since its inception in 1984 as a joint venture between the TATA Group and Tamil Nadu Industrial Development Corporation (TIDCO) has been a remarkable success story. What started with the vision of creating a Titan watch for every individual has now evolved into one of the world’s largest integrated watch manufacturers.

Over the years, Titan has grown into a respected lifestyle company, dominating the Watches, Jewellery, and Eyewear categories with its trusted brands and unique customer experiences.

With a market valuation of over 3,24,521crore, Titan is a prominent player in the Indian consumer goods industry. As the Indian economy recovers from the pandemic, investors are keenly observing companies with strong fundamentals and growth potential, and Titan Company’s financial health, growth prospects, and market standing make it a compelling stock to watch and consider for investment.

Titan Company’s Strong Q3 FY24 Financial Performance

  • Q3 FY24 net profit: ₹1,040 crore, up 9.5% YoY
  • Total revenue: ₹13,052 crore, a significant 20% increase
  • Jewellery segment growth: 23%
  • Watches and Wearables growth: 21%
  • Caratlane’s total income growth: 32%
  • Eye Care business declined by 4%
  • Market performance: -3.73% return in the last week, 24.99% return in the last 6 months
  • Analyst ratings: Mixed, including Strong Sell, Sell, Hold, Buy, and Strong Buy
  • Strategic initiatives and expansion efforts position Titan for continued growth and market leadership.

How to purchase Titan Company shares?

Below are the trading platforms that you can use to purchase Titan Company shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Titan Company Share Price Prediction: 2024 to 2030

Titan Share Price Target 2024

When Maximum Price Minimum Price
February 2024 ₹3,685.00 ₹3,204.35
March 2024 ₹3,760.20 ₹3,269.74
April 2024 ₹3,650.68 ₹3,174.51
May 2024 ₹3,596.73 ₹3,127.59
June 2024 ₹3,726.21 ₹3,240.19
July 2024 ₹3,688.95 ₹3,207.79
August 2024 ₹3,836.51 ₹3,336.10
September 202 ₹3,989.97 ₹3,469.54
October 2024 ₹3,911.74 ₹3,401.51
November 2024 ₹4,029.09 ₹3,503.56
December 2024 ₹4,129.82 ₹3,591.14

Titan is projected to experience a maximum price of ₹3,685.00 and a minimum price of ₹3,204.35. As the year progresses, Titan’s stock is anticipated to witness fluctuations, with the maximum and minimum prices reaching ₹4,129.82 and ₹3,591.14, respectively, by December 2024.

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Titan Share Price Target 2025

When Maximum Price Minimum Price
January 2025 ₹4,212.41 ₹3,240.32
February 2025 ₹4,320.42 ₹3,323.40
March 2025 ₹4,488.92 ₹3,453.01
April 2025 ₹4,400.90 ₹3,385.31
May 2025 ₹4,272.72 ₹3,286.71
June 2025 ₹4,464.99 ₹3,434.61
July 2025 ₹4,377.44 ₹3,367.26
August 2025 ₹4,512.83 ₹3,471.41
September 2025 ₹4,670.78 ₹3,592.91
October 2025 ₹4,792.22 ₹3,686.32
November 2025 ₹4,912.02 ₹3,778.48
December 2025 ₹5,034.82 ₹3,872.94

In January 2025, Titan is anticipated to reach a maximum price of ₹4,212.41 and a minimum of ₹3,240.32. As the year unfolds, Titan’s stock is expected to experience fluctuations, with the maximum and minimum prices projected to reach ₹5,034.82 and ₹3,872.94, respectively, by December 2025. Investors will closely monitor the dynamic market conditions as Titan navigates varying price ranges throughout the upcoming year.

Titan Share Price Target 2026

When Maximum Price Minimum Price
January 2026 ₹5,185.87 ₹3,989.13
February 2026 ₹5,318.84 ₹4,091.41
March 2026 ₹5,526.27 ₹4,250.98
April 2026 ₹5,417.92 ₹4,167.63
May 2026 ₹5,260.11 ₹4,046.24
June 2026 ₹5,496.82 ₹4,228.32
July 2026 ₹5,389.04 ₹4,145.41
August 2026 ₹5,555.71 ₹4,273.62
September 2026 ₹5,750.16 ₹4,423.20
October 2026 ₹5,899.66 ₹4,538.20
November 2026 ₹6,047.15 ₹4,651.66
December 2026 ₹6,198.33 ₹4,767.95

Titan Share Price Target 2027

When Maximum Price Minimum Price
January 2027 ₹6,322.30 ₹4,863.31
February 2027 ₹6,484.41 ₹4,988.01
March 2027 ₹6,737.30 ₹5,182.54
April 2027 ₹6,605.20 ₹5,080.92
May 2027 ₹6,412.81 ₹4,932.93
June 2027 ₹6,701.39 ₹5,154.91
July 2027 ₹6,569.99 ₹5,053.84
August 2027 ₹6,773.18 ₹5,210.14
September 2027 ₹7,010.25 ₹5,392.50
October 2027 ₹7,192.51 ₹5,532.70
November 2027 ₹7,372.33 ₹5,671.02
December 2027 ₹7,556.63 ₹5,812.79

Titan Share Price Target 2028

When Maximum Price Minimum Price
January 2028 ₹8,588.78 ₹6,606.76
February 2028 ₹8,809.01 ₹6,776.16
March 2028 ₹9,152.56 ₹7,040.43
April 2028 ₹8,973.10 ₹6,902.38
May 2028 ₹8,711.74 ₹6,701.34
June 2028 ₹9,103.77 ₹7,002.90
July 2028 ₹8,925.27 ₹6,865.59
August 2028 ₹9,201.31 ₹7,077.93
September 2028 ₹9,523.35 ₹7,325.66
October 2028 ₹9,770.96 ₹7,516.12
November 2028 ₹10,015.23 ₹7,704.03
December 2028 ₹10,265.61 ₹7,896.63

Titan Share Price Target 2029

When Maximum Price Minimum Price
January 2029 ₹10,470.93 ₹8,054.56
February 2029 ₹10,739.41 ₹8,261.09
March 2029 ₹11,158.25 ₹8,583.27
April 2029 ₹10,939.46 ₹8,414.97
May 2029 ₹10,620.83 ₹8,169.87
June 2029 ₹11,098.77 ₹8,537.52
July 2029 ₹10,881.15 ₹8,370.11
August 2029 ₹11,217.68 ₹8,628.98
September 2029 ₹11,610.30 ₹8,931.00
October 2029 ₹11,912.17 ₹9,163.20
November 2029 ₹12,209.97 ₹9,392.28
December 2029 ₹12,515.22 ₹9,627.09

Titan Share Price Target 2030

When Maximum Price Minimum Price
January 2030 ₹12,765.52 ₹9,819.63
February 2030 ₹13,092.84 ₹10,071.42
March 2030 ₹13,603.47 ₹10,464.20
April 2030 ₹13,336.73 ₹10,259.02
May 2030 ₹12,948.28 ₹9,960.22
June 2030 ₹13,530.96 ₹10,408.43
July 2030 ₹13,265.64 ₹10,204.34
August 2030 ₹13,675.92 ₹10,519.94
September 2030 ₹14,154.58 ₹10,888.14
October 2030 ₹14,522.60 ₹11,171.23
November 2030 ₹14,885.66 ₹11,450.51
December 2030 ₹15,257.80 ₹11,736.77

In the upcoming year of 2030, Titan is forecasted to achieve a maximum price of ₹12,765.52 and a minimum of ₹9,819.63 in January. As the months unfold, Titan’s stock is anticipated to undergo fluctuations, with the maximum and minimum prices projected to reach ₹15,257.80 and ₹11,736.77, respectively, by December 2030. Investors will closely monitor the evolving market conditions as Titan responds to diverse price dynamics throughout the year.

Financial Condition of Titan Company: Last 5 years

2019 2020 2021 2022 2023
Sales (Rs. Cr.) 19779 21052 21644 28799 40575
Expenses (Rs. Cr.) 17785 18589 19919 25455 35693
Operating Profit 1994 2463 1725 3344 4882
OPM (%) 10% 12% 8% 12% 12%
Other Income 178 153 180 177 306
Interest (Rs. Cr.) 53 166 203 218 300
Depreciation 163 348 375 399 441
PBT (Rs. Cr.) 1957 2102 1327 2904 4447
Tax (%) 29% 29% 27% 24% 26%
Net Profit (Rs. Cr.) 1389 1493 974 2198 3274
EPS (Rs.) 15.82 16.91 10.96 24.48 36.61
Dividend Payout (%) 32% 24% 37% 31% 27%

Over the past five years, Titan Company has demonstrated substantial growth in its financial performance. Sales have increased steadily from Rs. 19,779 Cr. in 2019 to Rs. 40,575 Cr. in 2023, with a compounded sales growth of 20% over the period. The company’s net profit has also seen remarkable growth, rising from Rs. 1,389 Cr. in 2019 to Rs. 3,274 Cr. in 2023, reflecting a compounded profit growth of 24% over the five-year span.

Notably, Titan’s earnings per share (EPS) has surged from Rs. 15.82 in 2019 to Rs. 36.61 in 2023. The financial health is further emphasized by impressive return on equity figures, reaching 31% in the last year. The company has also displayed robust stock performance, with a Compound Annual Growth Rate (CAGR) of 52% in the past year, indicative of investor confidence and the company’s strong market position.

FAQS

What is Titan Company’s current share price?

As of 18 February 2024, Titan Company’s share price is around 3,655 INR.

What is Titan Company’s historical share price trend?

Over the past five years, Titan Company’s share price has increased steadily from around ₹400 in 2018 to ₹3,866 in 2024.

What factors are likely to affect Titan Company’s share price in the coming years?

Factors such as growth in the Indian economy, changes in consumer trends, and competition within the industry are likely to affect Titan Company’s share price.

What is the average price target for Titan Company’s share price in 2025?

The average analyst target for Titan Company’s share price in 2025 is around ₹3,240.32 while the maximum target is ₹5,034.82. 

What is Titan Company’s expected revenue growth in the next five years?

Titan Company’s expected revenue growth in the next five years is around 12-15% annually.

What is Titan Company’s current market capitalization?

Titan Company’s current market capitalization is around ₹3,24,521 crore INR.

What are the risks associated with investing in Titan Company?

The risks associated with investing in Titan Company include changes in consumer trends, competition from other companies, and economic fluctuations.

What is Titan Company’s dividend history?

Titan Company has consistently paid dividends to its shareholders over the past five years.

What is Titan Company’s expected return on investment in the next five years?

Titan Company’s expected return on investment in the next five years is around 15-20%.

Is Titan Company a good stock to buy?

Based on its historical performance and expected growth in the coming years, Titan Company appears to be a good stock to buy for long-term investors. However, it is important to conduct thorough research and consider the risks associated with investing in the company before making a decision.

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Conclusion

Titan Company’s journey since its inception in 1984 as a joint venture between the TATA Group and Tamil Nadu Industrial Development Corporation (TIDCO) has been an exceptional success story. Emerging from a vision to create a Titan watch for every individual, the company has evolved into one of the world’s largest integrated watch manufacturers. With a market valuation exceeding ₹3,24,521 crore, Titan dominates the Watches, Jewellery, and Eyewear categories, reflecting its position as a major player in the Indian consumer goods industry. The recently reported Q3 FY24 results underscore Titan’s financial strength, with a net profit of ₹1,040 crore, marking a 9.5% YoY growth, and total revenue reaching ₹13,052 crore, a significant 20% increase. The company’s strong market standing, strategic initiatives, and diversified portfolio position Titan as an attractive option for investors looking for stability and potential returns in the long term.

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Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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