Investec maintains a hold rating on Titan with a target price of Rs 4,100, expecting strong revenue growth but muted PAT. The jewellery segment sees good growth, but a weak studded mix may dent margins. Watches and wearables grew 19% YoY, while eyewe
The shares of Titan fell nearly 3% to Rs 3,562 on the BSE despite a strong Q2 business update. The jewelry maker registered standalone growth of 25% year-on-year for the second quarter ended Septembe… [+3006 chars]
