Titan shares slip over 4% on Q2 jewellery growth miss; brokerages maintain bullish calls
Titan Company shares declined more than 4% after its July-September quarter jewellery growth fell short of certain expectations due to softer buyer growth and a shift in festive demand. Despite this, brokerages have largely maintained their bullish ratings on the stock, citing expectations of strong future growth.
Titan Company shares fell more than 4 percent on Wednesday after its July-September quarter jewellery growth missed some expectations, with softer buyer growth and a shift in festive demand weighing on the quarter. Brokerages kept bullish ratings on the stock, citing strong growth in the core jewellery business.