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We are looking to move to international markets. We are looking to make sure that we can create a presence in the North American market as we are invested in that market today

We are not highly concerned about the increase in credit growth yet as the print is near the long term average of 15-16% and concerns about a slowdown in the real economy has not yet translated into slowdown in loans.

The Nikkei has fallen 2.41% this week, after closing at a 33-year high on Monday. Since mid-March, it has rallied nearly 27%. After the rally of the past three months, I think many investors are selling to take profits," said Kenji Abe, a strategist at Daiwa Securities.

A total of 174,730 shares changed hands on the counter till 12:22PM (IST)

The stock quoted a 52-week high of Rs 2724.95 and a 52-week low of Rs 1624.0.

​So, I think that part is done with. Currently also macros continue to remain very positive in terms of inflation being under control, interest rates also expected to be benign or rather not going up at least.

The Nifty Auto index has rallied more than 3000 points in four months and scaled a record high of 15,471 points on Thursday. The sector has seen foreign inflows for six months in a row till June.

The rupee was at 82.66 to the U.S dollar, down from 82.51 in the previous session and at the lowest since May 31. "It is not about the July hike anymore. It looks like the Fed will again hike in either September or November," a forex spot trader said.

In a regulatory filing, after market hours on Thursday, Titan said it recorded revenue growth of 20% year-on-year (YoY) for Q1 with all key consumer businesses exhibiting double-digit growth in the June quarter.

It is probably not always correct that a higher price vehicle gives you a higher margin, it actually depends on the competition in that segment for example in the SUV these are slightly higher priced like mid SUV but the competition is intense. We have about 45-46 brands in that segment whereas in some other categories the number of brands are much lower.