Rakesh Jhunjhunwala's favourite stock slips 4% post Q1 nos; should you buy?

For the April-June quarter, Titan Company posted a pre-tax loss of Rs 335 crore.

Shares of Titan Company slipped as much as 3.78 per cent to Rs 1,065.70 apiece on the BSE on Tuesday after the company reported a disappointing set of numbers for the quarter ended June 2020 (Q1FY21) due to disruptions caused by the Covid-19 pandemic. 

At 09:25 am, the stock was trading 2.88 per cent lower at Rs 1,075.90 on the BSE. In comparison, the benchmark S&P BSE Sensex was trading 0.8 per cent higher at 38,491.24 levels. 

According to the shareholding pattern for the quarter ended June 2020, ace investor Rakesh Jhunjhunwala held 4.43 stake in the