Titan Company Shares Fall 4% After Q2 Business Update. What Is Nomura Saying?
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4 Articles
Titan shares fall 5% after Q2 update, Citi, CLSA, HSBC retain positive view
Titan Company’s consumer businesses registered growth of 25% y-o-y in Q2FY27; They added 78 stores on a net basis during the quarter, taking its combined retail network to 3,758 stores
Titan Company Stock Update: Shares Plunge Over 3% on Q2 Jewellery Miss
Titan Company (TITAN) share price currently trades at ₹4,372.90, down 3.89%, as Q2 FY27 business update reveals jewellery segment growth fell below analyst expectations, despite overall consumer business growth. Titan Company Stock Update: Shares Plunge Over 3% on Q2 Jewellery Miss.
Titan Company shares fall 4% after Q2 business update. What is Nomura saying?
Titan Company reported 25% year-on-year growth across its consumer businesses in Q2FY27, led by jewellery, watches and EyeCare. Nomura retained its Buy rating, citing strong growth visibility despite high jewellery sales bases and elevated gold prices.
Titan Q2 Miss Puts Festive Demand In Focus; JPMorgan Cuts Target, Citi Sees Studded Jewellery Boosting Margins
Citi maintained its 'Buy' rating on Titan with a target price of Rs 5,700. Morgan Stanley retained its 'Overweight' rating with a target of Rs 5,483, while JPMorgan maintained 'Overweight' but lowered its target price to Rs 5,540 from Rs 5,650.
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