Did you know these facts about Titan?
It’s a JV between Tata Industries & TIDCO (Tamil Nadu Industrial Development Corp)
TIDCO is the largest shareholder of TITAN (27.88% as of Dec 2022)
Tata group is 2nd largest shareholder of TITAN (20.84% as of Dec 2022)
Popular Jewellery brand - Tanishq was launched in 1994.
During the late 90s, it was a loss-making in the jewellery segment because of the Tanishq brand, Today’s nearly 85+ % of the total profits of TITAN is from Tanishq
In 2004, the company entered into an agreement with Moet Hennessy Louis Vuitton Group.
Few famous brands under Titan:
- Fastrack
- Tanishq
- Skinn by Titan
- Titan Eyeplus
- Sonata
- Favre-Leuba
- Taneira
- Zoya
Deepika Padukone became the brand ambassador of Tanishq in 2015.
Titan Share Price - Performance:
The Stock has delivered at 14% CAGR in the past 10 years while 5 years CAGR return of the stock is 23%.
Also Check: Dabur - All you need to know