Titan arm receives membership as a trading member of MCX

Titan Commodity Trading Limited (Titan Commodity) a, Wholly Owned Subsidiary of Titan Company Ltd formed with the objective of carrying on the business of trading in various commodities and products by acquiring or registering as a member of various commodity exchange/s and to acquire and build technology to facilitate trading, dealing, buying and selling of all types of direct commodities or commodity futures and other precious materials.

Titan Commodity has now received approval of admission of Membership as a Trading Member (Stock Broker) on Multi Commodity Exchange of India Ltd. (MCX) and also received SEBI approval on the same.

Shares of Titan Company Limited was last trading in BSE at Rs.1426 as compared to the previous close of Rs. 1427.45. The total number of shares traded during the day was 42338 and the deliverable quantity was 8184.

The stock hit an intraday high of Rs. 1434.95 and intraday low of 1418.05.

Source : Equity Bulls

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