“Maintained a 'Buy' rating on Titan Company, raising the target price to ₹5,700 from ₹5,075, implying a 15% upside. The brokerage expects healthy double-digit revenue growth irrespective of gold price movements, driven by strong jewellery revenue and EBIT growth, excluding bullion sales. Further margin improvement is anticipated from a lower contribution from gold-coin sales and a higher mix of studded jewellery, with FY27-29 EPS estimates also raised.”