Titan shares rise as analysts see up to 9% upside
In short
Titan shares rose after its Q2 results.
Out of 37 analysts, 30 rate it a buy, five say hold and two say sell. Their target prices point to about 9% more upside from current levels.
What the reporting says
Titan shares strengthened after Q2 results as broker coverage stayed mostly positive. CNBC TV18 said 30 of 37 analysts rate the stock a buy, five have hold ratings and two have sell ratings. The consensus price targets imply about 9% upside from current levels, supporting the view that analysts remain constructive on the stock.
Why it matters
Titan’s post-results move drew support from a broadly bullish analyst base. The coverage mix of 30 buys, five holds and two sells, along with implied upside of about 9%, suggests market confidence remained intact after the Q2 update.