{"id":82381,"date":"2023-01-10T12:30:00","date_gmt":"2023-01-10T07:00:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=82381"},"modified":"2023-01-10T12:26:53","modified_gmt":"2023-01-10T06:56:53","slug":"blue-chip-tata-stock-to-buy-now-for-an-upside-of-more-than-30-do-you-own-it","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/blue-chip-tata-stock-to-buy-now-for-an-upside-of-more-than-30-do-you-own-it\/","title":{"rendered":"Blue Chip Tata stock to BUY now for an upside of more than 30%; Do you own it?"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3742095767\"><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 <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/TITAN\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Titan Company Limited<\/a><\/strong> gained marginally on Tuesday and were trading at Rs 2,486 levels. Yesterday, the shares shed approximately 2 percent after the company failed to meet the expectation of analysts.\u00a0<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2076514959\"><!-- 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>In the October-December quarter or Q3, the company reported a growth of 12 percent whereas the street expected the company to grow by 17 per cent Year on Year as it witnessed strong wedding sales in the period.&nbsp;<\/p><p>The highest growth of 75% was seen in their Emerging Businesses segment which includes Fragrances &amp; Fashion Accessories (F&amp;FA), and Indian Dress Wear which is sold under the Taneira brand. Their Watches &amp; Wearables division grew by 14% Year on Year (YoY) and was led by strong traction in the wearables space and they added 48 new stores in the period.&nbsp;<\/p><p>Their Jewellery segment saw a growth of 11% with the addition of 22 new stores and their eye care segment grew by 10% with 36 new stores in their portfolio. Wedding sales also increased during the quarter. Titan&#8217;s jewellery retail brand Tanishq opened its first international boutique store in the USA in December 2022.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-119179389\"><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><strong>Macquarie maintained an outperform rating on Titan Company with a target price of Rs 3,250 per share which represents an upside of 31 percent from the current levels.&nbsp;<\/strong><\/p><p>Titan Company Limited, part of the Tata group, is an Indian company that mainly manufactures fashion accessories such as jewellery, watches, and eyewear. It stands as the largest branded jewellery maker in India.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Anoushka Roy<\/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-3838500304\"><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 Titan Company Limited gained marginally on Tuesday and were trading at Rs 2,486 levels. Yesterday, the shares shed approximately 2 percent after the company failed to meet the expectation of analysts.\u00a0 In the October-December quarter or Q3, the company reported a growth of 12 percent whereas the street expected the company to [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":37503,"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":[31,1789],"tags":[3657,465,3216,948,5385,936,3153,5374,3157,3158,2599,5443,2196,2197,4806,2911,2910],"class_list":["post-82381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-is-titan-investing-good","tag-rakesh-jhunjhunwala","tag-rakesh-jhunjhunwala-stock","tag-stock-market","tag-stock-market-2023","tag-stock-market-news","tag-stock-to-buy","tag-stock-to-buy-in-2023","tag-stock-to-watch","tag-stock-to-watch-in-2022","tag-stocks-to-watch-in-2022","tag-titan-2023","tag-titan-company","tag-titan-company-results","tag-titan-future-plans","tag-titan-latest-news","tag-titan-news"],"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>Blue Chip Tata stock to BUY now for an upside of more than 30%; Do you own it? 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