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

Big change in ICICI Bank credit card airport lounge access rules: Know new spending limit, eligibility

Many banks have recently updated their rules regarding credit card usage at airports for lounge access. Joining the list, another leading bank ICICI Bank has announced some changes too for its credit card users. These changes will take effect on July 1 this year. According to the latest update, eligible ICICI Bank credit cardholders can

Rs 855 crore land deal: Find out who bought Balaji IT Park in Mumbai from Jeetendra Kapoor and family

NTT Global Data Centres, a subsidiary of Japanese IT infrastructure and service company NTT Data, has purchased a land parcel for Rs 855 crore in Mumbai. The company bought the property from the Bollywood actor Jeetendra Kapoor and his family in Mumbai’s suburban region in Andheri.  ALSO READGarden Reach Shipbuilders expands offshore capabilities: Inks multiple

The big movers in trade today: A look at top 5 gainers on Nifty

The markets have been trending higher for the second consecutive session on Thursday. The food delivery major occupied the top spot for the second straight day with almost a 5% rally in today’s trade. Here’s a list of the top five movers that surged the most on the Nifty 50.  Zomato The share price of

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Big change in ICICI Bank credit card airport lounge access rules: Know new spending limit, eligibility

Many banks have recently updated their rules regarding credit card usage at airports for lounge access. Joining the list, another leading bank ICICI Bank has announced some changes too for its credit card users. These changes will take effect on July 1 this year. According to the latest update, eligible ICICI Bank credit cardholders can

Rs 855 crore land deal: Find out who bought Balaji IT Park in Mumbai from Jeetendra Kapoor and family

NTT Global Data Centres, a subsidiary of Japanese IT infrastructure and service company NTT Data, has purchased a land parcel for Rs 855 crore in Mumbai. The company bought the property from the Bollywood actor Jeetendra Kapoor and his family in Mumbai’s suburban region in Andheri.  ALSO READGarden Reach Shipbuilders expands offshore capabilities: Inks multiple

The big movers in trade today: A look at top 5 gainers on Nifty

The markets have been trending higher for the second consecutive session on Thursday. The food delivery major occupied the top spot for the second straight day with almost a 5% rally in today’s trade. Here’s a list of the top five movers that surged the most on the Nifty 50.  Zomato The share price of

EPFO: Your EPS pension will not start automatically post retirement – Know what you must do

EPFO pensioners alert: Members of the Employees’ Provident Fund Organisation (EPFO) frequently raise queries on social media platforms, including ‘X’, seeking information from the retirement fund body regarding EPF fund withdrawal and transfer, pension eligibility under the Employees’ Pension Scheme (EPS), and other PF-related matters. From time to time, the EPFO also issues clarifications to

Mumbai dominates Hurun Women Leaders List: 38 influential women hail from Maximum City

Mumbai has emerged as the hub of the country’s most influential women leaders. The city is home to the majority of the Candere Hurun India Women Leaders list for 2025. Of the 97 most influential women leaders selected in the list, 38 hail from Mumbai.  ALSO READHurun honours women leaders of India: Shanti Ekambaram, Radha