Titan Better Placed Than Earlier; Visibility Is The Key: Motilal Oswal

Better Placed Than Earlier; Visibility Is The Key For Titan: Motilal Oswal

An employee holds a 50-gram gold coin for a photograph inside a Titan Co. Tanishq jewelry store in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

We hosted Mr C K Venkataraman, Managing Director of Titan Company Ltd., for a discussion on the near-term and long-term prospects of the business. Here are the key takeaways:

After reporting 15% growth in the festive season versus the comparable period last year, wedding demand is also healthy, as expected.

Additionally, demand is being boosted by the dearth of other discretionary consumption opportunities, especially travel and tourism related.

Investment demand is also healthy as people prefer to park their money in tangible and relatively safe assets in times of crisis.

Click on the attachment to read the full report:

Motilal Oswal Titan Company Update.pdf
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