Titan Company locked in upper circuit of 10% post Q4 business update

The management said the company is working out its strategy to manage this crisis with particular focus on ensuring adequate liquidity is available till normalcy returns.

Shares of Titan Company hit the upper circuit of 10 per cent at Rs 1,005 on the BSE on Thursday in late noon deals. This is despite the company saying its revenue growth for the March quarter (Q4), as well as the year (FY20), has been impacted severely due to a serious disruption in March on account of COVID-19 outbreak.

Till 03:20 pm; the trading volume on the counter more-than-doubled with a combined 8.2 million shares changing hands. There were pending buy orders for 199,000 shares on the NSE and BSE, the exchange data show.

The management said