Titan shares surged, topping Nifty gains after stellar June-quarter earnings surpassed expectations. This positive performance has prompted multiple brokerages to revise their price targets upwards, signaling strong investor confidence. With a predominantly bullish outlook from analysts, Titan's stock appears poised for further appreciation.
Brokerages largely remained bullish on Titan's prospects following the results, with Citi, CLSA, HSBC, Morgan Stanley, Nomura, UBS and Goldman Sachs among those raising their target prices.
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