Titan shines 9% on strong Q2 biz update; market-cap crosses Rs 2-trn mark

The stock now trades at record high levels, backed by strong Q2FY22 revenue growth, the company reports 78 per cent year on year (YoY) jump in standalone revenue for the July-September quarter (Q2FY22

Shares of Titan hit a new high of Rs 2,348 after they rallied 9 per cent on the BSE in Thursday’s intra-day trade after the company reported a strong 78 per cent year on year (YoY) revenue growth in July-September quarter (Q2FY22). The stock of Tata group company surpassed its previous high of Rs 2,205.65 on Tuesday, October 5, 2021.

A sharp rally in stock price has seen the market captialistation of Titan crossing Rs 2 trillion mark today. At 10:27 am; Titan was trading 8.8 per cent higher at Rs 2,335, with the market cap of Rs 2.07