Profit booking in Titan shares after strong Q2 business update? Heres what investors should do
Titan share price: In a regulatory filing released after market hours on Friday, the Tata group maker of jewellery and watches said its its revenue grew 20 per cent on a year-on-year basis in the quarter ended September 30 with 19 per cent domestic growth in its jewellery division, which includes its CaratLane and Tanishq brands.
Titan share price, Titan share price target: Titan Company shares succumbed to selling pressure amid market-wide weakness on Dalal Street, despite the company posting a strong business update for the second quarter of the financial year. The stock of Titan, a Tata group consumer lifestyle company whose popular brands include Tanishq, Mia, CaratLane, Fastrack, Sonata, Helios and Titan EyePlus, settled Rs 44.75 or 1.35 per cent lower at Rs 3,265 on NSE.
Here's how the counter moved on Monday:
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