BUZZ-India's Titan hits record high on strong quarterly sales
Titan Machinery Inc. +0.67%
Titan Machinery Inc. TITN | 19.41 | +0.67% |
** Shares of Indian jeweller Titan Company TITN.NS rise as much as 5.72% to a record high of 4,472.5 rupees
** Company posts a 42% rise in domestic sales for the fourth quarter
** Broader Asian markets climb after U.S. President Donald Trump agreed to a two-week ceasefire with Iran
** Benchmark Nifty 50 index .NSEI up 3.27%
** TITN rated "buy" on avg by 35 analysts covering it; median PT at 4,917 rupees, according to data compiled by LSEG
** YTD, TITN stock up 7.4% vs NSEI's 8.7% fall
