India, March 25 -- The article examines Titan's growth outlook, highlighting how strong jewellery demand and rising gold prices are driving revenue and profitability. It also discusses near-term challenges from margin pressures and moderate performance in watches and select segments.
With a market capitalization of Rs 8,116 crore, Titan Company Ltd's shares are trading at Rs 4,005.75 per share, up by 2.67percent from its previous close. The company trades at an overvalued P/E of 70x compared to its Industry average, and has returned 166 percent in the last 5 years.
Brokerage's View
CLSA maintains an Outperform rating with a revised target price of Rs 4,996, implying around 24.7 percent upside, supported by strong core growth and long-te...
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