Titan group’s shares have risen 32.39 percent in the year to date period, beating the returns of benchmark index Nifty 50 which has risen by 8.7 percent.
Titan’s stock hit a 52-week high of Rs 3,400 on November 21 as the company’s market capitalisation increased to Rs 3 lakh crore.
By crossing Rs 3 lakh crore market cap, it became the 17th most valuable company in India by market capitalisation. The company which is backed by Tata group is also the second valuable company among Tata group behind TCS.
Titan first scaled Rs 1 lakh crore market capitalisation on March 28, 2019 & 2 lakh crore on October 7, 2021