Analysis of Titan -- a great time to buy? | Akshat Shrivastava
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TITAN stock recently gave a 12% fall.
This is the same stock that helped Mr. Rakesh Jhunjhunwala make crores in his wealth.
Is it an opportune time to buy?
Watch the video till the end to understand the analysis:)
PLEASE NOTE: THIS IS NOT AN INVESTMENT ADVICE. PLEASE DO YOUR OWN DUE DILIGENCE
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In person meet-up karke kya hoga bhai. Wha pe bhi HDFC Bank aur HUL hi kharidne bolloge aap đ
t's vital for influencers to openly disclose their income sources through their affiliated companies, including branding, with regulatory bodies like SEBI enforcing this practice. Guys, avoid relying solely on commentary when making buying or selling decisions. Remember, statement like 'I'm creating an educational video; I won't be making purchases' exactly how the perception is build . Stay informed and make independent choices. When evaluating investments, consider factors such as Titan's business model, expansion plans, leadership reputation, and M&A activity. Strength of its competitors. Growing your money is your responsibility đ±đ°. Others may profit through branding and affiliate companies đđŒ.
I think youâre wrong there will be a substantial rise in Titan stock value in the near future everyone knows that . Do better .
I agree đŻ
Few Points to Ponder on your Analysis:
1. Category Creators will generally lose share but maintain a dominant position. Point is are they still at the forefront of growing the branded jewellery category and if they are more than 2/3 the share, that's good. Other players coming will grow category. This category is all about trust and newness. Huge scope still to unlock in Tier 2/ Rural etc.
2. They may not be dominant in other segments but if they are in top 3 of those segments, they are building a good portfolio. Jewellery apart, contribution of other businesses is on the rise.
3. Margins arent a function of gold price growth alone. Check data of years when gold prices werent as bullish. Doesnt show the same trend.
4. Agree on your valuation point but PE Seems in line with sector. Comparing with other sectors may not be the best one.
5. Financial Performance has been good and recent gold price surge will add to it.
Brilliant explanation Akshat bhai đđ»...mujhe thoda bura toh lag raha tha ki maine aaj 3 stock buy kar liya lekin it's OK. Over allocation nahi kiya. Aap ka sochne ka tarika bahut sahi hai...Mai toh aise socha hi nahi pata. Ab sikh jaunga ...Thank you đđ»
Nice one - Please make full video on this... Thanks
Titan donât buy gold! It use lease gold! That why it has high ROE and ROCE!
You are play valuations game! Why not focus on growth game?
Sensible approach towards Titan.I appreciate your calm and detailed explanations.thanks Akshat.
Summary
1. Over value
2. (38-40)% correction
3. P/E- 84 very very high.
There are 2 major reasons for titan growth:
1. Underlying asset of Titan is gold. If gold price increases, their asset valuation increases.
2. Titan is able to pass the inflation to the customer. The making charges of gold jewellery is some percentage of gold price (lets say 20%). If gold price increases then making charges also increases. Inflation is automatically pass over to customer without any problem . This does not happen in FMCG and consumer durable company.
One minor reason:
There are uptrends in HNWI in India. And also people are buying luxury items. This leads to increase their sales and profit.
So going forward Titan's growth may slow down a bit but it will keep on growing next 5-10 years.
This is my own prospective. You may not be agree with me.
point 1 is not valid fully, Titan always leases gold and never buys it. If you lease a house and its value increases you pay more on lease not less. Plz do correct analysis or you will lose money in the market
Also people are not buying watches anymore
100 pe is the reason with just 15% growth đ
Looking at the dumbness of the comments of the "member" community guys, really reflects his target audience. Bhakts
Titan works on gold on lease model. Gold prices have no inventory gain impact
I think u are highly wrong to compare with HDFC. Business model and quality of management is quite different. Titan grew not because of Jhunjhunwala but it's quality of product. It took gold on lease which has its competitive advantage.
First of all Rakesh Jhunjhunwala didn't invest in Titan thinking of it as a Jewellery business.. it was a Watch company.
Business from Jewlerry grown up from Watch segment.
Today Titan is well diversified.. with caratlane, Taniera etc.
you can make video on explaining the P/E and other ratios using titan as case study and how these ration r directly and indirectly related. Also this will help in doing analysis of other stocks for early stage investors.
Good analysis:
Stay informed: Stay updated on financial news, economic indicators, and company performance.
Of lately, Akshat has been being wronged so many times by the market and seems to be biased in his videos. That's the reason ppl are loosing interest in this channel. There's a smell of conflict of interest in his videos recently. Sorry, but that's true.
I agree here âŠ. Biased to Indian Banks
In previous videos u said always book profit from the stocks consistent manner. Accordingly i sold-out 90 nos of Titan at 3800 levels. Thanks Arshat, †now I can again buy Titan gradually, thanks again â€
Well analysed as always. I've seen a lot of newbies enquire as to whether or not it is too late to buy assets especially BTC, ETH, litecoin and maybe XRP...most having the intention to hodl these assets. I would say we should prep for all scenarios as the market has always been unpredictable. So boring that new type of analyses are coming out monthly from all analysts and youtubers. I must say trading offers far more benefits than just holding, I will advise traders esp newbies to have orientation of trading before they get involved in it. I accept things are changing and have to be reconsidered by time.... but not just that fast like these analysts and youtubers are doing. I've managed to grow a nest egg of around 2.3B'tc to a decent 21B'tc in the space of a few months... I'm especially grateful to McDweny, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
Wow. I'm a bit perplexed seeing him been mentioned here also Didnât know he has been good to so many people too this is wonderful, I'm in my fifth trade with him and it has been super.
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
I'm new at this, please how can I reach him?
he's mostly on Telegrams, with the user name.
*@McDweny*
As expected we went down a little but AWMKPX keeps everything strong and in place. These guys really know how to be convincing and the preparation all the years was so well done. Nothing will change in 2024 and nothing will come close to this incredible smart one. True believers for AWMKPX will have a good year
Congrats for new mic or whatever the changes you have done. Your voice is now much much soothing.
Beautiful analysis, Thank you
Thank for the details, i kindly request your analysis on the motilal ocs
Hi how to join member community and its charges
Great Insight Akshat. Thank you đ
Thanks bro. Good work. Rational analysisđ
thanks for making this, Last year learned from you and did my own analysis and bought Titan, now at 25% profit....
will buy in every 10% drop till these wars continue and world stays unstable.
The index has given over 50% return. So actually you have underperformed
Are u selling
@@yerramallaswetha738 not selling but have plan to buy in every 10% drop for 3 time. and I don't expect to make 50 - 100% from jewellery stocks, 30% is ok for me.
Friends Our Friend is teaching the analysis we have two choices either learn how to analyse or accept the analysis results but no side way comments , Last few decades in market no body opens the discussion , last few years only I am seeing the mouth in the better brains , So no negative comments pls đ
Titan gold lease par leta hai to gold double hone se usko koi fayda nahi hota.. Titan making charges %of gold amount pe charge karta hai so uska revenue ese increase hoga.
Hi Akshat,
Just wondering if it is a good time to by NIFTY IT ETF or not. If it is which one is great Nippon India ETF Nifty IT, ICICI Prudential Nifty IT ETF, Kotak Nifty IT ETF, Aditya BSL Nifty IT ETF, etc.
Also, Tata Motors on Monthly chart, shows Cup & Handle Pattern & Reverse Head & Shoulder Pattern, & it has also achieved its target accordingly.
Now as it is Cyclic in nature, I would really appreciate your views on this.
Thank You Akshat Ji.. Please Make detailed analysis of Asian Paints similar to Titan
Great video. I am ballsdeep for AWMKPX and love your review for that as well
I think Titan(Tanishq) is more of a design company and thus making charges on jewellery make a significant portion of its earnings. Also, It works primarily on a gold leasing model rather than buying actual physical gold. So gold prices in my opinion do not have huge impact on it (I may be wrong). The current fall is due to high expectations from it (reflected inhigh PE) which it did not meet. Similar thing has happened with Dmart in the past.
Is good to buy kalyan jewellery shares before results date??
I have a fairly large holding of AMS66P. And 90% or it is because I believe in the asset itself. Its actually the chain that makes me want to dev on top of it and learn Haskell.
Your views on Angel one and energy stocks
at point 7:11 in the video can you please tell where did you get this data
Hi Akshat , Just wanted a clarification Market cap of a company will automatically increase if the price of the share increases. So how can Market Cap be a factor in defining future course of a share??
Do you think if Titan is able to increase its share in other business(ie diamond, fashion and other jewelry)they have much larger pie to address and hence can grow its stock over the next few. years.
Many analysts are reviewing Titan as a gold company. There's a term for this which is called product or market myopia where a business thinks they manufacture cars instead of thinking that they facilitate travel. Titan is not a gold company as you think, it's a fashion accessory company. If gold is trending in India, it will sell gold jewellery and if tomorrow lab grown diamond starts trending, it will sell that. Titan has not married itself to gold. This can be understood by knowing that it leases the gold to safeguard itself from fluctuations in gold prices plus moving towards diamond and stone jewellery.
Why dont you use log scale when looking at long horizons of time?
6th May, 2024 - Titan - 3284 - next 5 years it will be at least 6568 (6th May, 2029)
If you learn 1000 books about stock and explain all this details. Just all thing we need in stock market is only 2 things when to enter and when to exit if you become master in that you can earn like anything
Can you share over valuation part with some other details like PE comparison with peers
Actually overvaluation on chart I didnât understood so wish to understand it via nos.
I have watch the video in which they said titan do not buy gold, they lease it. So they should not have much impact on gold price. Also, they can enter lab made Dimond, so this will actually help them increase sale
I think the way there is a drastic increase in global debt, there is a high chance that more dollar will be printed by the US govt which will lead to depreciation of US dollar and overall many dependent currencies internationally. This might lead more people to continue shifting their investments into safer assets like Gold which might lead to increase in its value and that leading into increase in Titans stock as well. Correct me if I'm very wrong here.
Very good analysis. Me too had same thought today.
Do we have any video or course for cryptocurrency
I always combine Fib analysis with my trading with Trade The Pool prop account.
I've executed the averaging strategy 200 times with HDFC, and now I'm finally in the profit zone! đ
Thanks Akshat for giving good analysis on Titan. When the risk looks too high and the rewards look to be minimum then better to avoid for time being.
Depends on your finances . 1000$ in AMS66P is 4000 AMS66P if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.
Please analyse us stocks for future investing
People check time on mobile phones rather than wrist watch these days.This point provides some hint regarding future price of Titan.
On what basis Hdfc bank and Titan are comparable? Illogical comparison
CAPEX bhi Kiya h Titan ne, they are opening stores across the world like the US. I am not debating it but Titan will easily double in the next 5-6 years. But right time pe entry Leni padegi ya phir strategic SIP karni hogi.
Hi akshat - what phase of the market are we in entering now ⊠really appreciate if you can share your views on this please via a post or video⊠thanks
should i hold hdfc bank it's been 4 years no growth
Good pointers. I find your advice very genuine n authentic
Nice analogy sir
Hi
Why have you not factored other emerging businesses like- Titan eye+, Taneria, Watches and fashion accessories
May i know reason
You are describing AMS66P on ethereum. It checks all the boxes and has perfect price for entry this weekend.
Akshat .. titan does not buy gold .. it leases . There is a difference
Sir super. Neevu beligge help tharane market behave madthide. Neevu use madi indicator bagge ondu video madi sir please.
Ivnu helo mukkal stocks ulta ne aagaduđđđ
Recently I have become member. Whereâs it that I am getting member-only videos and information?
It would be great if you could provide some analysis on Trent Ltd. i.e mass fashion segment
If gold businesses are doing / has done good , why is it that ' Rajesh exports ' stock has performed so poorly?
Hi Akshat, post recent results, can u pls share your view on chemical sector? And especially stocks like SRF and Clean Science.
Titan doesn't make money from Gold price appreciation, infact they buy Gold on Lease and makes payment only after the gold has been sold based on the quoted market price that day, so Titan doesn't have to worry about Gold price fluctuation, they are generating most of the profits from making charges on Jwellery.
Dear akshat titan take their gold on loan and fully hedge they donât hold inventory in books hence I donât see they will have significant gain from gold price
Sir ji
See video or
Buy
Hul. Titan.hdfc.tcs.
Thanks for the learning!
If Titan PE is more what about Trent PE. So PE is not the only criteria for determing valuation
Good video but titan usually does not Hold gold. It takes on rent.
It has fallen by 15 percent since January how can you be so wrong
On Weekly basis he analysed
@@mayurjagtap2591 i missed the part where he mentioned that
His % of fall will be based on his convenience
Is it possible to know gold reserve (total gold assets) of Titan?
i have brought 30 shares at 3720 avrage rate but now in 12000.âč loss . shall i hold for further 1year. or shall i book loss please suggest.?
Please make video on apollo tyres, mrf and jk tyres
Thanks
Titan commenced jewelry business post 2010, it was a watchmaker prior to that, so do your research before making an a#s of yourselfđ
Hi, thanks for the update.
I invested in Greenpanel Industries in December 2023, and I've lost 24% on it. The stock keeps dropping, and I've tried to figure out why, but I couldn't. Can you please share your thoughts on this stock?
Titan CFO ne khud kaha hain ki market main aur jo competitor hain woh hat jaayege tab margin improve hoga aur management ki aisi nagative baat stock ko aur niche leke jaayegi
Sir very goodđ discussion
Hi, what are your views on Kalyan Jewellers? They have been quite ambitious on their store expansion plans. The IPO money has been used to up to build up stores in North where they had lower number of stores. FY24 guidance also has been good from the management.
NehâŠâŠ. Macro is that jewelry business will get more organized and titan will continue to grow at least along the nifty with a good possibility of an outperformed. So Fit to add on.
Fun fact - Titan owns a controlling stake in one of the pioneers of lab grown diamond based out of USA
Your video is very useful us please describe tha railway stock and tata pawer, tata stell
Just few days in 2024 seems like AWMKPX did everything right to make sure we will have a very green and strong year and who knows how far that road will go, finding a good one has never been that easy and yet there will be 80-90% or more not having the knowledge at the right time. Maybe my words will help some to understand what is going on
Now in south India....there are many players like Malabar, lalitha,GRT, Kalyan....it is difficult for titan to rely only on gold jewellery business
what is the website that is used to analyse the market share?
Titan has diversified to specs, watches, dress segment, so in future all such values should be considered. Can you say why at a particular time perhaps in the second half the share fall steeply. It appears that some big player is selling huge lots.
Do you know what is revenue & profit contribution of watches ? Check it out
Nice analysis. Can you do the same for Reliance Industries.
Please make video on why 83 is high pe ratio for company like titan
Unfair business analysis.
Due to Q4 results + elections, stock is down.
All global brokrage in their commentry -
Jefferies has hold rating, target price 3500
UBS has a 'Neutral' recommendation, target price 3900.
Goldman Sachs has buy rating target price 3950
Nuvama has hold rating, target price 3867
Emkay Global has buy rating, target price 4150
Kotal has neutral rating, target price 3600.
They are not the analysts. They are the "praise the stock/company" persons.
Itâs very highly valued. Donât love your stock and learn to dump when needed.
100 pe đ
I am hodling AWMKPX only because that has the right foundation to it
Why are you using GFG logo ??
Does GFG entered in analytics sector too ?
Fun question: which company split ac does akshat is having
Dada Tanishq gold lease per leta hai
The same story you told for polycab.. after the fall it rallies more than 50%.. I missed it
Yes u r correct, always put money on horses running not sleeping
Yup he is sharing his view. So please do respect the view. It's up to u for further research
Its not view its trying to defend your actions.
Got in at AMS66P at $1 but will be holding it till $50. Even at that price market cap is reasonable for its tech.