Morgan Stanley stays Overweight on Titan with TP Rs 5,212; sees no hit from duty-free gold curbs

May 15 broker desk: MS reiterates Overweight Titan (TP Rs 5,212), shrugging off tighter duty-free gold rules. Voltas views split as Street pencils 15-20% RAC growth into FY27 against 9-10% Q4 price hikes and 30-40 days channel inventory. United Spirits Prestige momentum holding up ex-Maharashtra/AP; TP band Rs 1,350-1,480.

Morgan Stanley reiterates Overweight on Titan at TP Rs 5,212, seeing no hit from tighter duty-free gold import curbs.

NDTV Profit · 5/15/2026, 3:45:30 AM · Ask about this →

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