On October 28th the results of the September quarter earnings will be out for Titan company.
In the results, there is an expectation in which there will be a very little improvement but there was a major decline in the top categories.
The key features of the titan company are how to manage the costs well, business recovery and demand.
Kotak Institutional Equities clearly says that there will be a good jump in the quarter-to-quarter but the results are not good in year-to-year sales.
There was a downfall of 17.4 per cent in the year to year sales.
The company will do some improvements and will work on some points because of which there will ab profit in the year to year sale also.
Kotak said that because of rising prices in gold and also in the titans category the top categories are not performing well.
Kotak has estimated that there will be a decline in the jewellery sector, eyewear segment, a huge decline in watch wear sector.
There will be an increase in gold prices.
Emkay said. that overall there would be a decline in various sectors and the gross margins will be under pressure and raw gold will also see declining time.
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