Tag Archives: Titan

Titan: Evergreen but Expensive

Tanishq

At the P/E multiple of 88 on FY20 earnings, the stock is expensive. As per Bloomberg’s consensus estimates, the company’s earnings are likely to grow 120% in FY22 and 23% in FY23 on a Y-o-Y basis. The stock isn’t cheap on FY22 and FY23 earnings as well.

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Will Tata group companies bounce back in 2020?

Tata Group

The Tata group has always dominated India’s business world with its contributions to economic growth. Seven prominent Tata group companies provide employment to over 6.24 lakh people. Therefore, how they perform has greater implications for the economy.

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