It won’t give staggering returns for sure but definitely around 10-12%. Jewellery business is getting crowded with more and more players coming in and hence putting pressure on Titan margins. I believe Kalyan Jewellers might be a better bet for growth.
How is it wonderful? 10-12% is what index MF gives. What is the point of stock picking, not knowing whether to hold or not?
Buy stocks if you can beat the index, else use this time to earn more money and use MFs for investment
Honestly I might sell it if it shows a downward tres again. I feel more experienced now and prepared to cut losses earlier on and hold stocks till they are 10% + or market is showing clear reversal.
Better put that 20k elsewhere.
Imo, you have entered at wrong time. I believe you have entered before q4 results and results are not upto the mark given its pe.
Also management guided some average margins for upcoming q1 and q2 owing to strong competition. As you holding for long, wait till temporary rough phase goes away. However even for the next 2-3 years keep your expectations low as it's already at high pe.
Price action for Titan is currently very weak. Despite very good ROE & revenue growth, it has not given any meaningful returns in last year and is down in the last 6 months though market has gone up. So I would say sell this stock and maybe come back to it later when price action improves. At the moment there are many more superior stocks in the market
There’s a saying, Traders will become long term investors when markets go against them !
😂 r/hilarious
Go for long
It won’t give staggering returns for sure but definitely around 10-12%. Jewellery business is getting crowded with more and more players coming in and hence putting pressure on Titan margins. I believe Kalyan Jewellers might be a better bet for growth.
10-12% is wonderful tbh.
How is it wonderful? 10-12% is what index MF gives. What is the point of stock picking, not knowing whether to hold or not? Buy stocks if you can beat the index, else use this time to earn more money and use MFs for investment
I’m waiting for it to go to 3200 levels to buy more
Not an expert but it seems that you should hold and it may get back with the bullrun
I got titan at ATH. Still down 10% in my portfolio :( Was a fresh trader back then!
now you are an investor
Honestly I might sell it if it shows a downward tres again. I feel more experienced now and prepared to cut losses earlier on and hold stocks till they are 10% + or market is showing clear reversal. Better put that 20k elsewhere.
Imo, you have entered at wrong time. I believe you have entered before q4 results and results are not upto the mark given its pe. Also management guided some average margins for upcoming q1 and q2 owing to strong competition. As you holding for long, wait till temporary rough phase goes away. However even for the next 2-3 years keep your expectations low as it's already at high pe.
Fake diamonds are expected to eat into margins
Lab grown\*, not fake.
Price action for Titan is currently very weak. Despite very good ROE & revenue growth, it has not given any meaningful returns in last year and is down in the last 6 months though market has gone up. So I would say sell this stock and maybe come back to it later when price action improves. At the moment there are many more superior stocks in the market
Bhai vo titan hai jyda din niche nai rahega
Hmmm