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Titan Misses Q2 Revenue Estimates but Beats Profit View

Titan said jewellery demand held up during the festive season as softer gold prices drew buyers back to stores. Demand for gold coins and investment products remained subdued.

TITAN

Mumbai, Nov. 5 -- Softer gold prices are drawing jewellery buyers back to stores, giving Titan Co. a boost during the festive season even as demand for gold coins and investment products remains subdued.The Bengaluru-based company is also seeing faster adoption of lower-caratage jewellery as it see…

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