Meanwhile, the BSE Sensex was down 59.49 points or 0.3% at 19,835.49.
On BSE, 7.42 lakh shares were traded in the counter as against average daily volume of 2.39 lakh shares in the past one quarter.
The stock hit a high of Rs 286.85 and a low of Rs 280.30 so far during the day. The stock had hit a record high of Rs 313.60 on 30 November 2012. The stock had hit a 52-week low of Rs 190 on 3 February 2012.
The stock had underperformed the market over the past one month till 31 January 2013, declining 1.51% compared with the Sensex's 2.41% rise. The scrip had, however, outperformed the market in past one quarter, jumping 7.77% as against Sensex's 7.51% surge.
The large-cap company has equity capital of Rs 88.78 crore. Face value per share is Re 1.
Shares of Titan Industries have surged 5.55% in three trading sessions from Rs 269.80 on 29 January 2013, after the company reported strong Q3 results during trading hours on 30 January 2013.
Titan Industries' net profit rose 24.3% to Rs 203.73 crore on 23.2% growth in net sales to Rs 2982.89 crore in Q3 December 2012 over Q3 December 2011. Titan Industries said it reported better sales performance in Q3 December 2012 compared to Q2 September 2012. The overall trend in sales over the last three quarters has been positive at the end of third quarter across all consumer facing business of the company, Titan Industries said in a statement.
Titan Industries retails branded gold jewellery under the brand name Tanishq. It sells watches under its premium brand Titan and economy brand Sonata. The company's retail chain is 918 stores strong, as on 31 December 2012 with the retail area crossing 12 lakh square feet nationally for all its brands.
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