Dive Into Titan's Q1 Update and Market Reactions

Monday, 8 July 2024, 04:00

Discover how JPMorgan's downgrade from 'overweight' to 'neutral' and price adjustment to ₹3,450 from ₹3,850 impacted Titan's shares, causing a 3% decline. Explore the reactions from brokerages and investors to this disappointing announcement.
Benzinga
Dive Into Titan's Q1 Update and Market Reactions

Titan's Downgrade and Market Response

JPMorgan revised their rating on Titan from overweight to neutral, along with a target price reduction to ₹3,450 from ₹3,850, resulting in a 3% drop in shares.

Impacts on Brokerages and Investors

Discover how this move has affected market sentiments and investor confidence in Titan's performance and growth prospects.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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