Titan stock drops 5 percent post-Q4 results

Titan stock drops 5% post-Q4; Brokerages comment on Rakesh Jhunjhunwala-linked company’s performance

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Titan Company's share price dropped nearly 5% as it reported weaker Q4 results. Consolidated net profit rose 5% YoY to ₹771 crore, with total income up 22% to ₹11,472 crore. Brokerages like Goldman Sachs and Emkay Global lowered target prices due to margin concerns from competitive pressures and a higher gold mix.

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