In just one month, the stock of Titan has increased from the level of 1962 to the level of 2271. That is, the stock has seen an increase of 16 percent in one month.
Earning Opportunities in Big Bull’s Favorite Stock
Rakesh Jhunjhunwala is one of the top investors in the country whose investments (investmentEvery decision of the market is monitored by the whole market. Many investors also consider their decision regarding investment as a guarantee of earning. This is the reason why broking firms keep covering the stocks included in their portfolio. The stocks in his portfolio are also included in the investment advice of many brokerage houses. One such favorite stock of Rakesh Jhunjhunwala is Titan ,Titan), on which many market experts have also expressed their confidence. It is estimated that in the long term, the stock can rise by more than 25 percent from here. At the same time, 10 percent earnings are expected in a short period of 3 months.
Where did Titan’s stock reach?
In Wednesday’s trading, Titan’s stock has risen by more than one percent to reach the level of 2271. The stock has been showing steady growth since last one month. A month ago the stock was at 1962 levels. However, earlier there was a continuous declining trend in the stock. In March itself, the stock had crossed the level of 27 hundred. Since then the stock has seen a steady decline. For the last one month, the stock has once again seen an increase and broking firms are assuming that it will continue to gain further.
Where can the stock reach?
According to ICICI Direct, the stock can reach the level of 2480 in the short term i.e. during about a quarter, that is, it can see an increase of 9 percent from the current levels. How much is this earning, it shows that the most attractive FD rate for one year in any bank is not so much for the whole year as well. The broking firm has advised to keep a stop loss of 2045 for the deal. Apart from this, broking firm Citi has retained its investment advice in Titan. The broking firm has given a target of 2890 for the stock i.e. the stock is expected to increase by 27 percent from its today’s level. On the other hand, Morgan Stanley has given investment advice for the stock with a target of 2621. That is, according to the broking firm, the stock can increase by 21 percent from here. On the other hand Prabhudas Lilladher has given investment advice in the stock with a target of Rs 2520 and Motilal Oswal with a target of Rs 2900.
(The investment advice given here is based on the advisory issued by the broking firm, please check the same at your own level before investing. Investing in the stock market has its own risks. Take your investment decision wisely)