Titan Share Price Target 2024, 2025, 2030, 2040, 2050

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Titan Company Limited, a major Indian consumer products company, has attracted investors and experts. Titan, Tanishq, and Fastrack are Tata Group brands that top the watch, jewellery, and eyewear markets.

https://www.titan.co.in

Due to its strong market presence and consistent financial success, many investors want to know the company’s future prospects and share price forecasts.

What is Titan Company Ltd NSE: TITAN?

Indian consumer goods manufacturer Titan Limited is famous for its watches, jewellery, and eyewear. Titan, a joint venture between the Tata Group and TIDCO, is India’s biggest branded jewellery producer and one of the world’s largest integrated watchmakers.

Titan, Tanishq, Fastrack, Sonata, and Eyeplus among its popular brands. Titan trades as TITAN on the NSE and BSE.

Fundamental Table

MetricValue
Market Cap₹326,132 Crores
P/E Ratio94.41
EPS (TTM)₹39.38
Dividend Yield0.32%
Book Value₹105.80
52-Week High₹3,886.95
52-Week Low₹2,882.45

Titan Share Price Target Tomorrow

Short-term stock price predictions are difficult and speculative. Titan’s share price may stay constant or rise slightly tomorrow, depending on previous patterns and market mood. Strong fundamentals and brand value have kept the stock stable in tumultuous markets.

DateMinimum Price (₹)Maximum Price (₹)
September 7, 20243,633.414,297.52

Titan share price Target 2024

Titan Company Ltd. has constantly performed well and grown. In 2024, the firm should benefit from India’s increased demand for branded jewellery and timepieces. Titan can capitalise on rising disposable incomes and shifting customer tastes because of its excellent brand and growing retail network.

The 2024 price objective for Titan shares is anticipated at ₹3,500 to ₹4,500.

YearMinimum Price (₹)Maximum Price (₹)
20243,5004,500
MonthMinimum Price (₹)Maximum Price (₹)
January3,5003,900
February3,5003,700
March3,5003,800
April3,5003800
May32003500
June32003600
July32003500
August32003700
September35003900
October35004200
November37004,400
December39004,500

Titan Share Price Target 2025

Titan should improve its market position by 2025. The company’s innovation, product expansion, and digital activities could boost growth. The jewellery industry could do well as the organised sector acquires market share from the unorganised.

The 2025 price objective for Titan shares is estimated at ₹4,500 to ₹5,200.

YearMinimum Price (₹)Maximum Price (₹)
20254,5005,200
MonthMinimum Price (₹)Maximum Price (₹)
January4,5004,550
February4,5504,600
March4,6004,650
April4,6504,700
May4,7004,750
June4,7504,800
July4,8004,850
August4,8504,900
September4,9004,950
October4,9505,000
November5,0005,100
December5,1005,200

Share Price Target 2030

Titan can capitalise on long-term consumer trends in India by 2030. Its strong brand identity, diverse product range, and planned expansion plans should continue growth. Titan’s overseas growth could boost income by then.

The price goal for Titan shares in 2030 is predicted at ₹7,500 to ₹9,000.

YearMinimum Price (₹)Maximum Price (₹)
20307,5009,000
MonthMinimum Price (₹)Maximum Price (₹)
January7,5007,625
February7,6257,750
March7,7507,875
April7,8758,000
May8,0008,125
June8,1258,250
July8,2508,375
August8,3758,500
September8,5008,625
October8,6258,750
November8,7508,875
December8,8759,000

Share Price Target 2050

The extended time horizon and possibility for substantial business environment change make 2050 stock price projections very speculative. Titan might develop significantly if it adapts to changing customer demands, uses technology well, and retains its brand strength.

Titan shares are projected to reach ₹20,000 to ₹25,000 by 2050, assuming good performance and favourable market circumstances.

YearMinimum Price (₹)Maximum Price (₹)
205020,00025,000
MonthMinimum Price (₹)Maximum Price (₹)
January20,00020,500
February20,50021,000
March21,00021,500
April21,50022,000
May22,00022,500
June22,50023,000
July23,00023,500
August23,50024,000
September24,00024,500
October24,50025,000
November24,75025,000
December25,00025,000

Should I buy Titan stock?

YearMinimum Price (₹)Maximum Price (₹)
20243,5004,500
20254,5005,200
20307,5009,000
204012,00015,000
205020,00025,000

Recent research of Titan Company’s stock shows significant topline growth of 20% year-on-year but margin issues, notably in jewellery. Jefferies maintains a ‘Hold’ rating with a ₹3,600 goal, Goldman Sachs holds a ‘Buy’ rating with a lowered ₹4,075 target, Emkay Global upgrades to ‘Buy’ with a ₹4,200 target, and Morgan Stanley maintains a ‘Equal-weight’ rating. Titan’s stock has returned 9.88% in the last three months, but its high P/E ratio of 92.42 signals overvaluation. Competitive hurdles and margin volatility offset the company’s tremendous growth potential, so investors should actively watch market circumstances before investing.

Titan Company Ltd earning results

Titan Company Ltd. has constantly performed well financially. An overview of their recent earnings:

Metric (in ₹ Crores)FY 2024FY 2023FY 2022
Revenue51,08440,57528,799
EBITDA5,7084,9083,309
Net Profit3,4963,2502,173
EPS (₹)39.3836.6124.48

During the last three years, Titan has grown sales and profit by 33.2% and 26.8%, respectively. The company’s strong brand portfolio, growth initiatives, and effective operational management drove this success.

Expert forecasts on the future of Titan Company Ltd.

In general, financial analysts and industry professionals are optimistic about Titan Company Ltd. Important expert projections include:

  1. Tanishq leads the organised jewellery market.
  2. Growth of the watch industry via innovation and targeting younger customers with Fastrack.
  3. Leveraging the company’s retail network for eyewear growth.
  4. International opportunities, especially in the Middle East and North America.
  5. Operational efficiency and premiumisation may boost margins.

However, analysts warn of economic uncertainty, shifting consumer tastes, and rising luxury goods market rivalry.

Is Titan stock good to buy? (bull case & bear case)

Bull Case:

  • Brand equity and client loyalty help maintain growth.
  • Opening new product lines and overseas markets
  • Benefit of India’s rising middle class and discretionary spending
  • Continuous sales and profit growth
  • Possible profit increase via operational efficiency

Bear Case:

  • Valuation above industry peers
  • Gold price and economic cycle sensitivity
  • Potential regulatory changes in the jewellery business and increased competition in the organised jewellery sector.
  • Currency changes affect watch component import costs.

Conclusion

Titan Company Ltd. leads India’s branded jewellery and watch sector. Strong financial performance, brand equity, and expansion initiatives prepare the organisation for success. However, investors should weigh the pros and downsides of Titan stock.

Equity markets may be volatile, even with good long-term prospects. Before investing, you should study, evaluate your financial objectives and risk tolerance, and contact a financial expert.

FAQs

Titan Company Ltd. makes timepieces, jewellery, and eyewear under Titan, Tanishq, Fastrack, and Eyeplus trademarks.

Titan’s stock has outperformed several consumer goods rivals in recent years, giving considerable profits to investors.

Growing discretionary incomes in India, migration from unorganised to organised jewellery industry, development into new product categories, and foreign market potential fuel growth.

Titan dominates organised jewellery and watches in India because of its strong brand portfolio and substantial retail network.

Gold pricing, economic cycles, jewellery industry regulations, and luxury goods market competitiveness are significant hazards.

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