Synopsis: Titan stock rose 2% to Rs. 3,800 after 59% profit growth and Morgan Stanley’s ‘Overweight’ rating, driven by strong jewellery sales and festive demand.

Known for its strong presence in the technology and engineering sector, the company has reported impressive financial results with revenue up 29% year-on-year and profit rising 59%. The stock gained market attention after Morgan Stanley upgraded it to an overweight rating.

Titan Company Limited’s stock, with a market capitalisation of Rs. 3,36,772 crores, rose to Rs. 3,800, hitting a high of up to 2.03 percent from its previous closing price of Rs. 3,724.50. Furthermore, the stock over the past year has given a return of 17.8 percent.

Segment Growth

Titan’s jewellery segment, including Tanishq, Mia, Zoya, and CaratLane, is t

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