Titan gains after its earning update

The stock of Titan Company Ltd was outperforming in trade Monday, after the company announced its third quarter FY19 update, today.

Titan’s jewellery division continued to maintain its strong sales growth in this quarter and expects a full year growth of about 22%. As per statement by Titan,  the company continued the good growth momentum across all its businesses in the seasonally strong Q3 as well, showing the inherent strength of virtually all the brands in its portfolio with its strong customer connection  

At 3:24 pm, Titan Company was quoting at Rs. 946.15 up by Rs. 17.70 or 1.91% from its previous close. The stock touched an intraday high of Rs. 964 and Rs. 932 during the day.

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