Titan Company share price hits 52-week high after festive business

Titan Company share price hits 52-week high after festive business

Titan Company's share price touched a 52-week high of Rs 1,345.60, rising 5 percent intraday on November 19 after the company saw good traction across all its businesses in the festive season.

The jewelry business witnessed a mid-teens growth (around 15%) for the 30-day festive season starting from Dussehra till Diwali over the corresponding period last year, with a decent recovery in studded jewelry sales.

The watches and wearables business also did quite well in the festive season with recovery close to last year's levels.