Titan Banks On IBM Watson To Drive Sales

Titan Company Ltd is one of the leading prime multi-brand accessories and watches makers is planning to increase its sales revenues from 11 million loyalty customer base.

Titan is using IBM Watson Customer Engagement and Cloud-based solutions, which may help Titan to absorb new customers from the market to its unique line of different products.

The e-commerce market is trending in India, and it’s about to overtake the US and become the second largest in the world. Titan Company Ltd is currently trading at Rs 449.3, down by Rs 14.4 or 3.11% from its previous closing of Rs 463.7 on the BSE.

The scrip opened at Rs 460 and has touched a high and low of Rs 460 and Rs 449 respectively.

So far 682968(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 41166.64 crore.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 470.5 on 16-Mar-2017 and a 52 week low of Rs 296.3 on 21-Nov-2016. Last one week high and low of the scrip stood at Rs 470.5 and Rs 459.1 respectively. The promoters holding in the company stood at 53.05 % while Institutions and Non-Institutions held 26.19 % and 20.75 % respectively. The stock is currently trading above its 50 DMA.

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About Suhani Varma

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