This decade-old blog is formed for sharing useful info from financial world free of cost .All posts here are for reference purpose only. It is advisable to study and learn the investment process and decision making criteria yourself .Users are advised to rely on their own judgement or investment advisor when any making investment decisions. Any investment decision should be taken with your own analysis and risk. The blog is aimed to promote the awareness of stock markets among retail investors.
Saturday, July 26, 2008
Titan
Titan ,the stock in July 2003, the company was in dire straits. It was also undergoing a restructuring exercise with a target of increasing earnings at a fast pace. The company's strong brand equity in the domestic watches market and the prospects of strong growth in the jewellery business accompanied by improving margins made the stock an attractive proposition. Since then, the stock price performance tracked the company's growth and multiplied 16 times, from Rs 67 to Rs 1,070; all in a span of 5 years.
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