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This Article is From Oct 07, 2021

Titan Company Q2 Update - Firing On All Cylinders: Prabhudas Lilladher

Titan Company Q2 Update - Firing On All Cylinders: Prabhudas Lilladher
A customer looks at gold earrings and a gold pendant inside a Titan Co. Tanishq jewelry store during the festival of Dhanteras in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Prabhudas Lilladher Report

We believe Titan Company Ltd. is well placed to capitalise on growth led by-

  1. benefit of hallmarking with strong brand as organised players in jewellery gain share

  2. omni-channel strategy across jewellery, watches and eyewear and

  3. new growth drivers like Caratlane, Titan Eye+, Taneira, and entry into high growth segments like Over the Head headphones and Truly Wireless earphones.

We believe that worst is over as over 90% Titan's stores are operational and rising vaccinations are improving consumer confidence and footfalls.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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