Titan: Is the best behind for this Jhunjhunwala stock?

While Titan’s execution has been on point, it has benefited from a sharp gold price rise over FY19-22. The lion’s share of this price tailwind seems to be over and most of the incremental heavy-lifting has to be volumeled, which could restrain growth rates in a slowing economy,” said HDFC Securities’ analysts Jay Gandhi and Premraj Survase.

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