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TITAN

Tumbles Amid Disappointing Q1 Numbers 📉

What’s happening?

shares dropped over 5% today after the company reported lackluster June-quarter results, sparking investor concerns over slowing growth. Why it matters: is a major player in jewelry & watches, a key barometer of discretionary spending in India’s consumer economy. Weak results may signal broader caution among middle-income consumers and could impact other brands in the space. Market context: The sharp dip comes amid broader uncertainty spurred by global tariff fears, with mixed performance across sectors like private banks and textiles. While financials and private banks are seeing small rallies, consumer durables — especially — are being hit hard.