Titan's glitter and shine to continue

SALES & EBIT LIKELY TO GROW AT A CAGR OF 18% & 19% OVER FY26-28

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TITAN'S STOCK PRICE has largely traded sideways over the past two years, underperforming the Nifty by roughly 25%, amid concerns over several factors: the potential threat of lab-grown diamonds (LGD) to its high-margin studded jewellerybusiness, rising competition from newly funded organised players, higher gold prices affecting footfalls and volumes, and a moderation in earnings growth.