💎 TITAN'S Q2 UPDATE IS OUT Titan Company has released its Q2 FY27 quarterly update. This is an important one because Titan gives investors exposure to multiple consumer categories, with jewellery being a major earnings driver. For investors, don't simply ask: "Was Q2 good?" Ask: • What happened to customer demand? • How did jewellery perform? • What happened across watches and wearables? • Are new stores contributing meaningfully? • Is growth volume-led or price-led? • How are margins likely to behave? Q2 operating updates are particularly useful because they give an early indication of festive-season demand. The real FMQC exercise will be to connect the operating update with: Revenue → margins → working capital → cash flow → valuation. 📌 A strong business can still be a poor investment at the wrong valuation. #Titan #TitanCompany #ConsumerStocks #JewelleryStocks #StockMarketIndia #FMQC