Titan results: Expecting Titan to come out with Rs 580 cr ne

Titan results: Expecting Titan to come out with Rs 580 cr net profit: Siddhartha Khemka


In auto sector, the preferred space
from a one-year perspective would be the farm sector or the tractor segment. But if one wants to play the longer term cycle recovery, then CVs would fit in well, says
MOFSL.
Titan? What kind of management commentary are you anticipating?
A lot of activity has taken place in Titan during January-February with a lot of marriages happening. Overall, we are expecting good sales growth based on demand momentum and the soft base of the previous year. Further correction in gold prices during the quarter also helped push sales during the quarter. Jewellery demand momentum continued in Q4 based on the wedding season demand.

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