ICICI Securities Ltd | Retail Equity Research Titan Company reported a stellar Q2FY18 performance despite implementation of GST and effect of the application of the Prevention of Money Laundering Act (PMLA) during the quarter. Results were above our estimates across all parameters Titan reported robust Q2FY18 revenues wherein topline grew 29.6% YoY to | 3473.1 crore (I-direct estimate: | 3015.8 crore). Growth was mainly driven by the robust performance of jewellery, which rose...