Titan Ltd.
*Titan Ltd.*
Pole & Flag Formation: Weekly Basis
Price BreakOut: Additionally On Rectangular Consolidation Basis
Strong Volume Consolidation. Good to Go!!!
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Strong Company*
Watch maker, Jewellery being the leading vertical (82% of revenues)
Distribution network comprises 1900+ stores spread across 2.5 Mn sq.ft
Continues to grow faster than the industry and has been gaining market share from unorganised players.
Ramp up in new stores openings and technical advancement would
support future volumes for the firm.
Improving Sales / Profitability on Qtrly / Yearly Basis.
Low Leverage / +ve & Improving Opt. Cash Flows / WC Cycle.
Substantial RoA/RoE/ROCE since many years.
FII Stake fluctuating. DII Stake increasing since Jun'21.
Dividend Paying Co.
*Concern:*
Regulatory changes or supply related issues (Import Duty on Gold)
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
Pole & Flag Formation: Weekly Basis
Price BreakOut: Additionally On Rectangular Consolidation Basis
Strong Volume Consolidation. Good to Go!!!
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Strong Company*
Watch maker, Jewellery being the leading vertical (82% of revenues)
Distribution network comprises 1900+ stores spread across 2.5 Mn sq.ft
Continues to grow faster than the industry and has been gaining market share from unorganised players.
Ramp up in new stores openings and technical advancement would
support future volumes for the firm.
Improving Sales / Profitability on Qtrly / Yearly Basis.
Low Leverage / +ve & Improving Opt. Cash Flows / WC Cycle.
Substantial RoA/RoE/ROCE since many years.
FII Stake fluctuating. DII Stake increasing since Jun'21.
Dividend Paying Co.
*Concern:*
Regulatory changes or supply related issues (Import Duty on Gold)
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.