Thursday, 4 July 2019

Shares Of Titan Company Declined 1 Percent In The Early Trade On July 4

Shares of Titan Company declined 1 percent in the early trade on July 4 after foreign brokerage house Morgan Stanley downgraded the stock to the equal-weight from overweight.

Shares of ITC trading marginally lower despite add rating by Kotak Institutional Equities with a target of Rs 335 per share.

According to broking house, fundamentals are improving even as narrative stays weak, meanwhile operating profit growth accelerates across segments except agri. The weak narrative continues to weigh on the stock.

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