In the last five years, Titan s stock has more than tripled investors wealth. While the growth has moderated (30%) in the last one year, it still beat the benchmark Nifty, which gained about 7% in the same period.
Titan s core domestic business has a long runway for growth, according to analysts. Market expansion, buoyant gold prices, and robust demand during the wedding season will boost profitability
Titan has been in the news lately after the Tata Group’s jewellery to eyewear brand crossed the ₹3 lakh crore mark on November 21. Should you buy the stock? A look at fundamental and technical views.