HomeNewsBusinessStocksTitan Company: Margin miss in Q1; healthy long-term outlook

Titan Company: Margin miss in Q1; healthy long-term outlook

While Titan's jewellery segment margins were affected in Q1 owing to aggressive discounts and as well as markdown on growth rates, the management is confident of margin recovery in subsequent quarters and has retained FY24 margin guidance

Bharat Gianani

August 03, 2023 / 10:39 IST

Titan Company: Margin miss in Q1; healthy long-term outlook

Titan is one of the best consumer discretionary stocks with strong parentage and robust brand image

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Disclosure & Disclaimer

This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More