Buy Rekha Jhunjhunwala's biggest bet on any dip
Mon, May 6, 2024 10:06 AM

Buy Rekha Jhunjhunwala's biggest bet on any dip

A Flip by Shubhangi Gupta
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Titan Company Ltd., Rekha Jhunjhunwala's biggest stock bet, reported a miss in consensus earnings driven by weaker jewellery margins for two consecutive quarters. Jefferies, which has a 'hold' rating and a target price of ₹3,500 per share on the counter, said that Titan's share price will trade weak today. The brokerage expects the Titan Company stock to stay rangebound in the near term.

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