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Titan shines as focus shifts from recovery to demand-led growth

Healthy demand for wedding jewellery, market share gains boosts share price to all-time high

Titan, Titan watch, titan jewellery, Titan q2
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Going forward, analysts estimate the company to leverage its strong brand equity and an omni channel presence to address a huge market which is still dominated by unorganised sector.

Yash Upadhyaya
Shares of Titan Company have rallied more than 30 per cent the past three months, with the Street factoring in revival of growth aided by healthy demand, market share gains and the company’s efforts on cost savings.

Last month, the Tata group firm highlighted that its jewellery business had grown by 15 per cent during the 30-day festive period, as compared to internal targets of a flattish year-on-year growth during the same period. This growth momentum is seen continuing into the wedding season, said analysts at Motilal Oswal Securities (MOSL) in a December 17 report based on their interaction with

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First Published: Dec 18 2020 | 7:41 PM IST

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