Shweta
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Titan Company Limiteds Shares have been soaring high for over a decade now and are preferred stocks for investment by many traders. Given the companys exponential growth over the last decade, many people who had invested in the company long ago are thinking what will be the value of their investment
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FAQ :
Titan Company Limited is a prominent lifestyle brand owner in India, dealing in jewellery, watches, and eyewear. It owns popular brands such as Tanishq, Fastrack, Sonata, and Titan.
Titan shares, which were trading at Rs. 2.55 in September 2001, reached Rs. 1,567.15 by December 2020. An initial investment of Rs. 2,550 for 1000 shares in 2001 could be worth over Rs. 2.8 crore by February 2021, after accounting for stock splits and bonus shares, and this figure doesn't include dividends.
A stock split is a corporate action where a company divides its existing shares into multiple new shares. This is done to reduce the price per share, making it more accessible to retail investors, while the overall value of the investment remains the same.
Dormant shares, meaning shares on which investors have stopped keeping track, are transferred to the IEPF (Investor Education and Protection Fund).
The article mentions that the recovery of shares from IEPF can be a complex process, leading many investors to question whether it's a good idea.
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