Titan shares give Rs 900 crore shock to Jhunjhunwalas. What brokerages say on Tata’s bluechip stock

Titan Company's shares plummeted 5.5%, erasing ₹900 crore from the Jhunjhunwala family's portfolio, after its Q1 business update missed expectations. Domestic jewellery revenue growth was lower than anticipated due to gold price volatility. Brokerages are turning cautious, with some downgrading the stock amid increasing competition and margin pressure. The company is trying to sustain business through various schemes.