{"id":67093,"date":"2022-10-07T13:30:00","date_gmt":"2022-10-07T08:00:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=67093"},"modified":"2022-10-07T13:29:47","modified_gmt":"2022-10-07T07:59:47","slug":"tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/","title":{"rendered":"Tata group stock rises 40% in 3 months; Analysts suggest more upside left"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2787958164\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of jewellery and other wearables retailer Titan Ltd. jumped 5% in the early hours of trading on Friday. As of 12:00 noon, the stock was trading at Rs. 2,721, up Rs. 128 for the day. This comes on the back of strong year-on-year (YoY) growth of 18% that the company achieved for the quarter ending September (Q2FY23).<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-793848502\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>One of the picks of the late ace-investor Rakesh Jhunjhunwala, Titan is the country\u2019s largest jewellery retailer. It sells jewellery, watches, and wearables through its Tanishq, Zoya, Mia, Caratlane, Fastrack, and Sonata brands.<\/p><p>Titan updated on its jewellery division, \u201cThe company witnessed healthy double-digit growth across most businesses with overall sales growing 18 per cent YoY.&#8221;<\/p><p>The double-digit growth figure is also impressive because it comes on a higher base of last year&#8217;s September quarter results because of pent-up demand.<\/p><div class=\"trade-content_5\" id=\"trade-299371484\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>As for its other divisions, watches &amp; wearables grew by 20% registering its highest quarterly revenue. Titan Eye stores clocked double-digit growth but it was offset by weaker sales for its trade and distribution channel translating into overall 7$ growth for the segment. The fragrances and fashion accessories division increased by 34% YoY for the quarter.<\/p><p>Shares of Titan have given an impressive return of more than 40% in the last three months since July. The stock used to trade around Rs. 1,945 levels during early July.&nbsp;<\/p><p><strong>The next two quarters are expected to go better for the company as the festive season is around the corner. Eying more growth ahead, the analysts at ICICI Direct have given a buy rating on the stock with a target price of Rs. 3,080. This results in an upside of 10% from the present levels.\u00a0<\/strong><\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\" id=\"h-written-by-vikalp-mishra\"><p><strong>Written by Vikalp Mishra<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2715532282\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of jewellery and other wearables retailer Titan Ltd. jumped 5% in the early hours of trading on Friday. As of 12:00 noon, the stock was trading at Rs. 2,721, up Rs. 128 for the day. This comes on the back of strong year-on-year (YoY) growth of 18% that the company achieved for the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":18629,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1513,31],"tags":[2363,3102,3679,3103,3678,4141,2822,2727,3109,2196,2197,2911,2910,3655],"class_list":["post-67093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editor-pick","category-news","tag-tata-group","tag-tata-group-multibagger-stock","tag-tata-group-multibagger-stocks","tag-tata-group-stock","tag-tata-group-stocks","tag-tata-group-stocks-returns","tag-tata-groups","tag-tata-news","tag-tata-stocks","tag-titan-company","tag-titan-company-results","tag-titan-latest-news","tag-titan-news","tag-titan-share-price-target-2022"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tata group stock rises 40% in 3 months; Analysts suggest more upside left - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tata group stock rises 40% in 3 months; Analysts suggest more upside left\" \/>\n<meta property=\"og:description\" content=\"The shares of jewellery and other wearables retailer Titan Ltd. jumped 5% in the early hours of trading on Friday. As of 12:00 noon, the stock was trading at Rs. 2,721, up Rs. 128 for the day. This comes on the back of strong year-on-year (YoY) growth of 18% that the company achieved for the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-07T08:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Ratan-tata-1-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Ratan-tata-1-Cover-Image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/\",\"url\":\"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/\",\"name\":\"Tata group stock rises 40% in 3 months; Analysts suggest more upside left - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Ratan-tata-1-Cover-Image.jpg\",\"datePublished\":\"2022-10-07T08:00:00+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Ratan-tata-1-Cover-Image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Ratan-tata-1-Cover-Image.jpg\",\"width\":1280,\"height\":854,\"caption\":\"Ratan Tata\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tata group stock rises 40% in 3 months; Analysts suggest more upside left\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Tata group stock rises 40% in 3 months; Analysts suggest more upside left - Trade Brains Features","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/","og_locale":"en_US","og_type":"article","og_title":"Tata group stock rises 40% in 3 months; Analysts suggest more upside left","og_description":"The shares of jewellery and other wearables retailer Titan Ltd. jumped 5% in the early hours of trading on Friday. As of 12:00 noon, the stock was trading at Rs. 2,721, up Rs. 128 for the day. This comes on the back of strong year-on-year (YoY) growth of 18% that the company achieved for the [&hellip;]","og_url":"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2022-10-07T08:00:00+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Ratan-tata-1-Cover-Image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_image":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Ratan-tata-1-Cover-Image.jpg","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/","url":"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/","name":"Tata group stock rises 40% in 3 months; Analysts suggest more upside left - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Ratan-tata-1-Cover-Image.jpg","datePublished":"2022-10-07T08:00:00+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Ratan-tata-1-Cover-Image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Ratan-tata-1-Cover-Image.jpg","width":1280,"height":854,"caption":"Ratan Tata"},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/tata-group-stock-rises-40-in-3-months-analyst-suggest-more-upside-left\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Tata group stock rises 40% in 3 months; Analysts suggest more upside left"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/67093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=67093"}],"version-history":[{"count":2,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/67093\/revisions"}],"predecessor-version":[{"id":67103,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/67093\/revisions\/67103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/18629"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=67093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=67093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=67093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}