Titan shares rose over 1% on Monday, becoming the top Nifty gainer after a strong Q1, with net profit up 65% to Rs 1,699 crore and jewellery revenue up 43%. Brokerages remain bullish, citing robust jewellery growth, healthy margins, and market-share gains. Citi, HSBC, and JPMorgan raised targets, while Jefferies stayed cautious.
Titan tops Nifty after strong Q1; brokerages stay bullish
Source: Moneycontrol