“Bullish on Titan Company, retaining a Buy rating with a target price of ₹5,550 per share, implying a 9% upside. This outlook is based on the company's growth visibility within the jewellery segment, despite a muted consumer environment, and factors in a forward P/E multiple of 60x applied to their TTM-Sept’28 EPS estimate of ₹92.44. Downside risks include macroeconomic slowdowns, gold price volatility, and failure to meet revenue guidance.”