Skip to main content

Posts

Showing posts from March 10, 2018

Multibagger TITAN COMPANY - Ready for 1100+ Soon

Recommendation - Buy at CMP 895 - for the Targets of 990 -1100++, Time Frame - 5 Months to 12 Months  Titan Company (Short Term Investment Mantra) TRIGGERS : 1) Jewellery demand, margins to boost profit - YOY Profits Expected with 60% Jump 2) Inclusion of  Titan in the Nifty 50 index and Only Company with Strong Fundamentals in Jewellery Sector 3) The company expects the jewellery business to end FY18 with a growth of 25 per cent , which clocked 36 per cent year-on-year growth in the September quarter (Q2)   4) Strong B eneficiary of latest events happening in this sector 5) Technically Multiple Breakouts and Trading Near Its 52 Week's High and Ready to Hit a Levels 6) The company has mentioned that FY17 was an exceptional year, and It expects good sales as well as margin performance (led by gross margin expansion and cost control) in Q4 .  TITAN is targeting high-teens revenue growth for FY18. 7) The watches busin