Financial Insights

Titan Company shares under pressure after Q2 results; global brokerage retains ‘overweight’ call

Titan Company shares fell on the morning of October 28, even after reporting to Tata Group the day before a net income after tax of Rs 64.1 billion for the September quarter.

Titan Company, reported net income after tax of Rs 173 billion in the year-ago quarter. Sales in the first quarter of 2010 were Rs 3.4 trillion.

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