Titan tanks 6%: Is it a buying opportunity? 4 reasons why Motilal Oswal recommends Buy

Titan’s Q1 sales performed well despite gold price volatility, but the studded mix trended lower. Motilal Oswal predicts a 16% increase in stock price and recommends a Buy with a target price of Rs 4,250 per share. Domestic sales for jewellery grew 18% YoY, while watches and eye care divisions also showed positive growth.