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Titan shares up 27% in six months; brokerage sees stock at Rs 3,300

Titan share price: The Tata group company has recently picked up another 27.18 per cent stake in its subsidiary CaratLane Trading from the jewellery brand's founder and family for Rs 4,621 crore.
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Mithun Sacheti's Rakesh Jhunjhunwala connection and his journey from Jaipur Gems to CaratLane

While shedding light on his initial foray into the e-commerce business, Sacheti said that he didnt realise the kind of money it would take to build an e-commerce business. " Sacheti s family runs Mumbais well-known jewellery store Jaipur Gems, asserted that his family stayed away from the media limelight as he quietly built the Chennai-based company. He also shed light on the CaratLane journey and how Rakesh Jhunjhunwala backed him a lot. ....

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Caratlane | India's Titan Co to raise 27.18 per cent stake in subsidiary CaratLane

Tata group firm says acquisition is likely to be completed by October 31, subject to the timely receipt of requisite regulatory approvals from the Competition Commission of India ....

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Titan Completes Conversion of LNG Carriers to Bunker Vessels

Titan completed the conversion of two recently acquired small-scale LNG carriers into bunkering vessels. In addition to providing a quicker means to e. ....

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Titan to acquire additional 27.2% in CaratLane for Rs 4,621 crore to raise stake to 98.28%

CaratLane Trading is an unlisted entity and its turnover in FY23 stood at Rs 2,177 crore. It also operates in the manufacture and sale of jewellery ....

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