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Interest fee to go up; jewellery EBIT won't be hit: Titan

Raising money won't be a problem for Titan Industries because of its strong balance sheet, but interest fee will go up because everyone will now have to pay upfront for gold. Jewellery EBIT margins is not expected to be hit much as Titan is looking to hedge since it is selling gold forward

first published: Aug 16, 2013 11:26 am

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