Titan Company surges 6%, hits record high; market-cap nears Rs 1.5 trillion

Shares of Titan Company hit a record high of Rs 1,679.60 after they rallied 6 per cent on the BSE in intra-day trade on Thursday amid the expectation of a strong recovery, due to pent up demand and market share gains.

The stock of Tata Group Company surpassed its previous high of Rs 1,620.95, touched on January 6, 2021. With today’s rally, it has recovered 20 per cent from its recent low of Rs 1,401, hit on May 4 in intra-day trade.

With a sharp surge in the market price of Titan Company, its market capitalisation stands close to the