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Morgan Stanley reiterates Overweight on Titan, sees 24.6% upside to Rs 5,212
Morgan Stanley reiterated Overweight on Titan with Rs 5,212 target (24.6% upside), arguing new gold import duty hike and 100kg Advance Authorisation cap won't materially hurt Titan since ~50% of gold comes from customer exchange programme; shares rose 1.42%.
Newer report , , Business Today : TIDCO's ₹10 cr Titan bet from 1984 now worth nearly ₹1 lakh crore