Stock Market Today: Titan share price gained in the morning trades on Tuesday on the proposed acquisition in the Gulf countries. While the announcement will enhance global presence, the analysts await a significant turnaround and acceleration in store expansion to help rerate the stock.
Titan Proposed acquisition in Gulf countries
Titan on Monday after the market hours announced that it proposes an acquisition in the Gulf countries. Titan has proposed the acquisition of a 67% shareholding in the Damas jewellery business by the company through its Wholly Owned Subsidiary.
