Titan Intech Hits Upper Circuit After Signing Pact with Media Information Communication
Mumbai, October 24 (Udaipur Kiran): Shares of Titan Intech surged to their upper circuit limit on Thursday after the company announced a strategic Memorandum of Understanding (MoU) with Media Information Communication Co.
The stock was locked at Rs. 3.78, up 5% or Rs. 0.18, from its previous close of Rs. 3.60 on the BSE. The scrip opened at Rs. 3.75 and touched a high and low of Rs. 3.78 and Rs. 3.75, respectively, with 3,642,753 shares traded on the counter.
The BSE Group ‘X’ stock, with a face value of Re. 1, has recorded a 52-week high of Rs. 4.82 (11-Nov-2024) and a 52-week low of Rs. 1.13 (09-May-2025). The company’s market capitalisation currently stands at Rs. 114.05 crore. Promoters hold 15.65%, while non-institutional investors own 84.35% of the equity.
Under the new MoU, Titan Intech and Media Information Communication will collaborate to develop India’s first fully integrated design-to-manufacture ecosystem for high-performance LED and LCD display systems, marketed under TitanView and TitanPro brands.
The partnership involves the joint development of FPGA/SoC-based LED control systems, Android controller boards for interactive LCD displays, and IP-based Passenger Information Systems (PIS) for airways, railways, and metro networks. Media Information Communication will provide design documentation, hardware/firmware packages, and software licenses for LED control and calibration.
The total project value stands at $1.53 million, covering technology development, licensing, training, and handover milestones. Additionally, Titan Intech has obtained a 7-year non-exclusive software license (2025–2032) for the mLED Master Suite—including Standard, Premium, and 4K versions—to support production and calibration tools for SMD and Mini-LED systems.
The company has also received exclusive manufacturing and commercialization rights for India, along with non-exclusive global R&D rights for the developed technologies. The collaboration is expected to strengthen Titan Intech’s technological foundation, boost its professional display systems and smart-classroom solutions portfolio, and support India’s Make in India initiative.
Titan Intech is engaged in software design, LED display manufacturing, and high-end electronic and telecom equipment development, serving both domestic and international markets.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
