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55: Titan’s recovery in June comforts but stock’s valuations are shimmering already

Mark to Market

English - July 09, 2020 10:13 - 6 minutes - 5.82 MB
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Previous Episode: 54: Even as IndusInd, Federal Bank feel COVID blues in Q1FY21, HDFC Bank shows loan growth
Next Episode: 56: Why TCS investors should not mimic those of Accenture?

In these uncertain times, Titan Co. Ltd’s recovery during the month of June is reassuring. Although, the stock's valuations at about 46 times estimated FY22 earnings suggest a decent recovery is on the cards. Investors would wait to see how that pans out. To find out more, tune in here