Titan Company shares rise 1% as Sensex drops
On Thursday, Titan Company shares exchanged with an increase of 1.06% to Rs. 1,236.50. Then, an aggregate of 22,01,777 offers changed hands on the counter.
Then again, the benchmark Sensex exchanged with lost 2.08% at 39,946.46 level.
In the last exchanging meeting, the stock had shut with lost 1.50% at Rs. 1,219.70.
According to the news, the offer cost of Titan opened at Rs. 1,222.90. It hit a day exorbitant cost of Rs. 1,237.55 and a day low cost of Rs. 1,211.60.
As of now, the scrip is exchanged at Rs. 1,219.95 with a 0.29% misfortune. Moreover, the stock provided a 52-week significant expense estimate of Rs. 1,389.95 and a 52-week low cost of Rs. 720.90.
Over the most recent three months, Rekha Jhunjhunwala W/O Rakesh Jhunjhunwala sold around 50,000 offers in Titan organization, said by a source.
As of June 2020, the Rekha Jhunjhunwala held around a 1.10% stake in the Titan organization. In the September quarter, her shareholding dropped to 1.09% after the offer of 50,000 offers.
During a similar period, the other two elements brought their shareholding up in Titan Company Limited from 2.53% to 3.31% and 17.55 percent to 18.05%. These two firms are LIC and Foreign Portfolio Investors.
As indicated by the stock trade information reports, the Titan organization stock has brought almost 26% up in the Q2 of FY21.