Research ReportsTitan Q2 Results Review - Margins Under Pressure; Downgrade To 'Sell': Dolat Capital
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Titan Q2 Results Review - Margins Under Pressure; Downgrade To 'Sell': Dolat Capital
Given heightened competition and ongoing margin pressures, the brokerage values the stock at 45 times FY27E resulting in revised target price of Rs 3005.
A retail store of Titan-owned luxury jewellery brand Tanishq. (Photo source: Vijay Sartape/ NDTV Profit)
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