Titan posts Q4 results; should you buy, hold, or sell? 

Sirali Gupta May 06,2024

Bengaluru-headquartered Titan reported a 7.1% year-on-year (YoY) increase in net profit to Rs 786 crore with 16% growth in revenue to Rs 11,257 crore for the fourth and final quarter of the financial year 2023-24.

Here's how brokerages view Titan:

Jefferies continued with a 'hold' call

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CLSA maintained a 'buy' rating

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Morgan Stanley continued with an 'equalweight' stance

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Goldman Sachs maintained a 'buy' stance

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Citi maintained a 'neutral' rating

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JP Morgan maintained 'overweight'

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