Stock Market Today, July 22 -- Titan share price gained in the morning trades on Tuesday on the proposed acquisition in the Gulf countries. While the announcement will enhance global presence, the analysts await a significant turnaround and acceleration in store expansion to help rerate the stock.

Titan on Monday after the market hours announced that it proposes an acquisition in the Gulf countries. Titan has proposed the acquisition of a 67% shareholding in the Damas jewellery business by the company through its Wholly Owned Subsidiary.

More to come

Published by HT Digital Content Services with permission from MINT....