Titan Drops The Most In Three Months As Jewellery Business Sees Sharp Fall In Q2 Sales

Here’s what brokerages had to say about Titan’s Q2 business update.

A customer tries on gold bangles inside a jewellery store (Photographer: Brent Lewin/Bloomberg)

Shares of Titan Co. Ltd. fell the most in three months after it reported a sharp fall in the jewellery division sales in second quarter following a sudden surge in gold prices.

Also Read: Gold ETFs Post Longest Run in a Decade as Investors Take Cover

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