Analysts Raise Target Of Titan Citing Growth Prospects

Analysts Raise Target Of Titan Citing Growth Prospects

Shares of Titan pared all opening gains even as most analysts reiterated ‘buy’ ratings, citing market share gains, long-term growth opportunities in its key jewellery business, focus of eyewear among others.

Company saw its net profit rise 91% over the year earlier in Q3, beating estimates. Analysts say that the company’s regionalisation strategy bodes well for the company’s growth prospects

Source: Brokerage note, Bloomberg

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