Consumer -Jewellery & Watches

Titan Company

Latest : Titan saw profit-booking after record highs in November, but fundamentals and consumer demand remain resilient; corporate cash moves (commercial paper redemption) also recent. What beginners should learn: Luxury/ discretionary plays depend on consumer sentiment, gold price and store expansion. Short-term volatility is common around festivals and seasons. Watch: same-store sales growth, gold prices, margin on branded jewellery. Risk: macro slowdown hits discretionary spends quickly.