Titan Company is currently trading at RS 3472.60, up by 39.30 points or 1.14% from its previous closing of RS 3433.30 on the BSE.

The stock opened at RS 3445.05 and has touched an intraday high of RS 3479.10 and a low of RS 3434.70. So far, 31,625 shares have been traded on the counter.

A BSE group 'A' stock with a face value of RS 1, Titan hit a 52-week high of RS 3866.15 on September 30, 2024, and a 52-week low of RS 2947.55 on April 7, 2025. In the past week, the stock’s high and low stood at RS 3479.10 and RS 3366.95 respectively. The company’s current market capitalization stands at RS 3,06,960.94 crore.

The promoter shareholding in the company is at 52.90%, while institutions and non-institutions hold 30.31% and 16.78% respectively.

In a major strategic move, Titan Company, through its wholly owned subsidiary Titan Holdings International FZCO, has entered into an agreement to acquire a 67% stake in Damas LLC (UAE), the holding company for Damas jewellery business in GCC countries, from Mannai Corporation. The current Graff Monobrand Franchisee business of Damas LLC will be discontinued before the deal’s completion.

The enterprise value for the proposed transaction is set at AED 1,038 million. Post acquisition, Titan Holdings will own 67% of Damas LLC’s equity share capital and voting rights, with an option to acquire the remaining 33% stake from Mannai after December 31, 2029, subject to agreed conditions.

The transaction is subject to certain closing conditions, regulatory approvals, and anti-trust clearances in applicable jurisdictions. It will be financed through a mix of debt, cash balances, and internal accruals.

Titan Company is a leading Indian designer and manufacturer of watches, jewellery, precision engineering components, and lifestyle accessories such as sunglasses, wallets, bags, and belts.