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Titan Beats Second-Quarter Profit Estimates

Titan reported a bigger-than-expected rise in second-quarter profit, helped by a shift toward higher-margin diamond-studded jewellery despite slower growth in its overall jewellery business.

TITAN

Top Indian jeweller Titan NSE:TITAN reported a bigger-than-expected rise in second-quarter profit on Thursday, as a shift towards higher-margin diamond-studded jewellery helped boost profitability despite slower growth in its overall jewellery business.Titan, home to Tanishq and CaratLane jewellery…

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