Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1347.60
Change Change %
-17.55 -1.29%

Updated:23 Nov, 2020, 15:59 PM IST

BSE
1346.25
Change Change %
-18.70 -1.37%

Updated:23 Nov, 2020, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
03-08-2015 Sell 317.65 337.00
N/A
Target Hit Custom
03-08-2016

Nomura retains sell on Titan

Revenues were weak across both the major divisions - watches and jewellery, which management attributes to weak consumer sentiment. EBITDA margins fell 130 basis points year-on-year to 8.2 per cent. Given the improved monsoon conditions and the upcoming festive season, the company is looking forward to a better year than the current quarter.

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