Rupee to impact costs in our watch segment: Titan Industries
By Bianca Ghose | Published On: June 29, 2012 14:00 (IST) | Duration: 4 min, 35 sec
The Titan stock has underperformed the broader markets in the last one month. Bhaskar Bhat, MD, Titan Industries told NDTV Profit that the gold demand has been sticky and sluggish. "Our first quarter numbers were impacted by less of number of weddings. Our Golden Harvest scheme has worked well. Rupee will impact the costs in our watch segment," he added.