Titan Shares Soar 4%, Hit 52-Week High on Robust Q3 Business Update
Business
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News18•07-01-2026, 09:50
Titan Shares Soar 4%, Hit 52-Week High on Robust Q3 Business Update
- •Titan shares jumped 4.1% to a new all-time high of Rs 4,265 after releasing a strong Q3FY26 business update.
- •The company's consumer businesses recorded a robust 40% year-on-year growth in Q3FY26.
- •Jewellery segment grew 41% YoY, watches 13% YoY (analog up 17%), while smartwatches declined 26%.
- •Eyecare and fragrances segments saw 16% and 22% YoY growth respectively; international business surged 81%.
- •Brokerages Nomura and Antique Stock Broking maintained 'Buy' ratings, citing strong growth prospects and market share gains.
Why It Matters: Titan's strong Q3 performance and positive brokerage outlook propelled its shares to a new 52-week high.
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