It feels that Rakesh Jhunjhunwala has fallen in love with Titan as it is a core stock in his portfolio. He is bullish on the prospects of Titan as he feels that the stock would do well at the same PE if it could grow at 20-25 per cent and have a return on equity of at least 30-35 per cent and operational cash flow is equal to profits.
Rakesh Jhunjhunwala is optimistic on this stock and it was a defensive stock and it focused on the domestic consumption story.
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