Morgan Stanley reiterates Overweight on Titan, sees 24.6% upside to Rs 5,212
MS argues India's gold import duty hike and 100kg Advance Authorisation cap won't materially dent Titan, since ~50% of gold sourced via customer exchange programme. Stock rose 1.42% to Rs 4,194; brokerage flags 4QFY26-1QFY27 as key watch period.
MS argues India's gold import duty hike and 100kg Advance Authorisation cap won't materially dent Titan, since ~50% of gold sourced via customer exchange progra
NDTV Profit · 5/15/2026, 7:04:46 AM · Ask about this →