Glittering track record & long runway for growth, Titan can rally over 16%: Motilal Oswal
The brokerage further said that Titan has been the standout performer among all of its consumer peers, in terms of revenue, earnings, as well as stock price performance over the past five years. For a company of its size, sales of Rs 366 billion (USD4.6b) in FY23E and the 20% revenue and earnings CAGR are extremely impressive.
