Titan touches 52-week high ahead of its earnings
DSIJ Intelligence / 11 May 2017
Titan will be declaring its Q4 results on Friday, i.e May 12. The stock is witnessing a price-volume breakout ahead of its earnings.
Titan sizzled on bourses on Thursday's trading session, closing up by nearly 4 per cent at Rs 501.15. The stock made its fresh 52-week high at Rs 504.40 during the day.
Titan will be declaring its Q4 results on Friday, i.e May 12. The stock is witnessing a price-volume breakout ahead of its earnings.
The stock has generated 34.72 per cent return over a one year period. For a similar period, the benchmark index BSE Consumer Durable is up by nearly 33 per cent.
On YTD basis, the stock is up by nearly 47 per cent, while the BSE Consumer Durable index is up by nearly 42 per cent.
The broader markets closed mostly flat on Thursday after shedding some early gains. The banking stocks underperformed, while auto and consumer durable stocks outperformed.
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