Titan on GST Cuts and US Tariffs: CNBC-TV18 Update
About Titan: Titan Company Limited is a leading Indian lifestyle and consumer goods company, primarily known for watches, jewelry, and eyewear. The company has a strong presence in both domestic and international markets.
Company Update
Titan told CNBC-TV18 that the recent GST rate cuts will put more money in the hands of consumers, boosting discretionary spending. The company is well-prepared for this season regarding US tariffs, having already exported a significant portion of inventory to the US market. Titan is also exploring partnerships with select US firms to mitigate the impact of tariffs.
Investor Takeaway
Investors may view Titan’s proactive approach to GST benefits and US tariff mitigation positively. Rising discretionary spending in India could support sales growth, while strategic US partnerships can reduce international market risks.
SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.
Written by Indian-Share-Tips.com, which is a SEBI Registered Advisory Services
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