Titan shares tumble over 2% after Q3 PAT falls marginally. What should investors do?
Titan’s stock dropped by 2.4% as the company reported a slight dip in Q3 net profit, despite a 25% YoY increase in total income. The reduction in customs duty on gold impacted profitability. Analysts are optimistic, with Macquarie and Goldman Sachs maintaining their positive ratings on Titan.