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Titan Company: Near-term margin hit; glowing long-term prospects

Bharat Gianani   •

Organised jewellery players have huge headroom for growth, helped by the duty cut and favourable regulatory measures

Considering Titan has paid higher customs duty of 15 percent (prevailing before the Union Budget in July 2024) on the current unsold inventory, and there is a reduction in the spot gold prices, there would be inventory loss.

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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