Tuesday, April 23, 2013

Downgrades TITAN


Brokerage house Nomura has downgraded its rating on Titan to 'neutral' from 'buy' and slashed price target to Rs 250 from Rs 321 earlier, saying that falling gold prices and uncertain demand environment could moderate earnings growth much more than what most analysts are betting on.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.