Titan stock emerges as a winner in a struggling sector: Here's why

Strong brands and online presence coupled with expectations of market share gains are key strengths

A couple of days after Titan declared its Q4 results, the market has latched onto the stock, pushing it to new highs. The dominant player in the jewellery and lifestyle segment was recommended by ICICI Securities, which gave a buy call with a target of Rs 1,705.

Titan has 9x the market cap of the second-most valuable company in the jewellery sector, (Rajesh Exports at Rs 15,500 crore). At a price of Rs 1,675, Titan has a market cap of Rs 1.48 trillion, which is in fact more than group company, Tata Steel, despite Tata Steel having over 6x the