Titan's Q1 Jewellery Business Falls Short, Share Price Drops 3%

Titan's share price fell by over 3% due to disappointing growth in its jewellery business during Q1 FY24. The company reported a 19% year-on-year growth in this segment, but it didn't meet market expectations. Analysts noted that the sluggish performance in the jewellery division, which contributes significantly to Titan's revenue, has raised concerns about the company's ability to maintain its growth trajectory.

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