Titan Shares Rise 2.5% After Quarterly Profit Beats Expectations
Titan's stronger-than-expected quarterly profit was supported by robust demand for higher-margin studded jewellery. Easing gold prices offered hope of a recovery in consumer demand.
Shares of India's Titan NSE:TITAN rose more than 2% on Friday after the jewellery maker reported a stronger-than-expected quarterly profit, supported by robust demand for higher-margin studded jewellery, while easing gold prices offered hope of a recovery in consumer demand.The stock was up 2.5% at…