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CLSA cuts Titan Industries to 'sell' on stretched valuation

CLSA has downgraded its rating on Titan Industries to "sell" saying the watch and jewellery maker's valuations are looking stretched amidst increasing pressure on jewellery business margins and moderate growth expected in the current fiscal year.

June 23, 2011 / 09:02 AM IST
 
 
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CLSA has downgraded its rating on Titan Industries to "sell" saying the watch and jewellery maker



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