Titan jumps 4%: Surge in gold demand powers rally

Titan’s share price surged to an intraday-day high of Rs 3,227.25, up nearly 7% in early trade on the National Stock Exchange after the company reported a strong pre-quarterly Q4 business update. However, the stock price came off highs in sync with the overall moderation in the market. It is still one of the top gainers and is up nearly 4%.

The company’s domestic jewellery business rose 25% year-on-year on the back of a significant increase in gold prices in 2025. Its gold jewellery and coins increased 27% and 65% YoY with high consumer demand for gold.

ALSO READLIVE: Nifty above 22,400, small and midcaps firm and VIX down 9%; Titan, SBI, Infosys top gainers

“Elevated gold prices resulted in sluggish consumer demand at lower price points leading to single digit buyer growth, while demand at higher price bands sustained resulting in a high double-digit growth in ticket sizes,” read an exchange filing.

Watch business rises 20% 

Also, Titan’s domestic watch segment grew 20% YoY.  Titan, Fastrack, and Sonata saw a growth of 18% YoY in analogue watches. The retail channels—Helios, Titan World, and Fastrack—saw double-digit growth, with Helios leading the way.

The EyeCare business rose 18% YoY, with Titan Eyeplus showing healthy growth driven by international brands. Titan Eye+ added two new stores in the UAE, however, it closed 11 stores in India.

Caratlane grew 22%

CaratLane grew 22% YoY, with strong demand for its studded portfolio. It achieved a mid-single-digit growth and 11% L2L growth.

ALSO READGodrej Consumer shares surge 2.4%: 3 reasons why Nuvama expects 26% upside Titan Q3 result

The company reported a 5% YoY drop in net profit at Rs 990 crore in Q3 FY25, due to the impact of customs duty reduction on gold. In the same quarter a year ago it posted a net profit of Rs 1,040. Titan’s revenue for the quarter surged 23.3% YoY to Rs 16,097 crore as against Rs 13,052 crore in the correspondent quarter of the last year.

Titan stock performance

The share price of Titan has risen 5% in the last five trading sessions. It has given a return of 4% in the last one month. However, it has fallen 10% in the past six months and over 16% in the previous one year. 

 » Read More

Related Articles

Are you selling your Sovereign Gold Bonds before time? Know how much you will earn

If you bought Sovereign Gold Bond (SGB) 2019-20 Series V in October 2019 and are planning to sell it prematurely, i.e., before the completion of 8 years, you can do it now. From 15 April 2025, the facility for premature redemption of bonds of this series is available. The government has fixed the redemption price

Wipro Q4 Results Live Updates: Wipro FY26 guidance seen cautious on Trump tariff concerns; discretionary spend the big factor to watch

Go to Live UpdatesAll eyes are on Wipro Q4 results now. According to brokerage firms and analysts, Wipro is likely to see flat revenue growth amid continued softness in segments such as Energy, Manufacturing and Resources. However, a slight boost is expected in verticals such as BFSI (banking, financial services and insurance) and Healthcare.  Wipro

Motilal Oswal’s dividend bonanza: Top 5 high-yield dividend stocks to watch

In times of market volatility, where global trade uncertainties often make an investor check the pockets, the brokerage firm Motilal Oswal has identified five high dividend-paying companies that not only offer consistent payouts but also boast fundamentals and cash-rich balance sheets. According to Motilal Oswal’s latest report, “With markets being volatile due to global trade

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Are you selling your Sovereign Gold Bonds before time? Know how much you will earn

If you bought Sovereign Gold Bond (SGB) 2019-20 Series V in October 2019 and are planning to sell it prematurely, i.e., before the completion of 8 years, you can do it now. From 15 April 2025, the facility for premature redemption of bonds of this series is available. The government has fixed the redemption price

Wipro Q4 Results Live Updates: Wipro FY26 guidance seen cautious on Trump tariff concerns; discretionary spend the big factor to watch

Go to Live UpdatesAll eyes are on Wipro Q4 results now. According to brokerage firms and analysts, Wipro is likely to see flat revenue growth amid continued softness in segments such as Energy, Manufacturing and Resources. However, a slight boost is expected in verticals such as BFSI (banking, financial services and insurance) and Healthcare.  Wipro

Motilal Oswal’s dividend bonanza: Top 5 high-yield dividend stocks to watch

In times of market volatility, where global trade uncertainties often make an investor check the pockets, the brokerage firm Motilal Oswal has identified five high dividend-paying companies that not only offer consistent payouts but also boast fundamentals and cash-rich balance sheets. According to Motilal Oswal’s latest report, “With markets being volatile due to global trade

Which banks are paying highest savings account interest rates post RBI rate cut?

The high interest rate regime seems to be over in the country with the RBI slashing its repo rate, at which it lends to commercial banks, by 50 basis points (bps) this year. The key benchmark lending rate of the central bank now stands at 6% after last 25 bps cut on April 9, 2025.

Price hikes likely as commodities weigh on FMCG basket

The possibility of more price hikes is not over yet within the domestic fast-moving consumer goods (FMCG) space even as prices of key agri commodities remain firm.While crude oil and its derivatives such as titanium dioxide and linear alkyl benzene (LAB) are benign for now, and so is soda ash, which is down nearly 17%