Overview:

• Titan’s domestic jewellery segment grew 19% YoY, fueled by higher ticket sizes and festive buying.

• Trading volume rose nearly 3x the 20-day average, reflecting strong investor interest and bullish momentum.

• Nearly 80% of analysts on Moneycontrol rate Titan as ‘Buy’ or ‘Outperform,’ signaling sustained faith in its long-term growth.

Titan share price rose 3.87% to Rs. 3,550.50 at the NSE, according to Moneycontrol live market data. It surged following the Tata Group firm's declaration of strong growth in its jewellery business in the July-September quarter of FY2025. The stock opened at Rs. 3,474, which was higher than the previous close of Rs. 3,418.20, and rose to an intraday high of Rs. 3,578 before trading marginally lower.

The firm's market capitalisation at present is Rs. 3.15 lakh crore, evidencing investors' faith in Titan shares’ consistent earnings trend. Trading volume on the day reached 3.6 million shares, well above its 20-day average volume of 1.28 million, emphasizing increased investor participation. The value-weighted average price (VWAP) was Rs. 3,551.92, signaling sharp buying strength during the day.

Titan Q2 Results

The rally came after Titan's business update, wherein its local jewellery business increased 19% year-on-year in the September quarter. The company attributed this strong growth to increased average ticket sizes due to a gain in gold prices. While the count of customers fell slightly compared to last year, the effect was negated by the early start of the festival season and stable consumer spending.

In the jewellery segment, studded jewellery performed better with mid-teen growth, beating the plain gold segment. Gold coins also reported sustained strong momentum. The company added that although last year's quarter was helped by customs duty cuts, its diversified product range and festival-led momentum helped to maintain growth in the current quarter.

Also Read: Bank of Baroda Share Price Climbs 1.53%, Trades at Rs. 268 on Strong Q2 Growth

Emerging Businesses Show Strong Momentum

Titan's non-jewellery businesses also reported good numbers. Its emerging businesses division was up 37% year-over-year, demonstrating the success of the company in venturing outside its conventional strongholds. The fragrances division saw a 48% increase, women's bags grew 90%, and ethnic wear brand Taneira increased 13% over the same quarter last year.

The diversified performance is evidence of Titan's success in riding changing consumer trends in lifestyle and fashion segments.

Valuation and Technical Indicators

At the prevailing market price, Titan share price is available at a TTM (trailing twelve months) EPS of Rs. 41.82, a 7.76% year-on-year increase, and a TTM PE ratio of 84.91, above the industry average of 68.02. The P/B is at 32.39, which reflects a premium valuation, and the dividend yield is a low 0.31%.
Titan share price rose 4.32% at 1.55 PM on Moneycontrol:

Technically, the pivot point (PP) of Titan stock is Rs. 3,425.03 with resistance at Rs. 3,459.93 (R2) and Rs. 3,473.97 (R3). Breakout above these levels confirms an aggressive bullish mood. The 52-week high is Rs. 3,740 and the all-time high is Rs. 3,886.95, leaving scope for further upside if the trend prevails.

Analyst Ratings Remain Positive

Analyst sentiment for Titan is still positive. Of 35 analysts following the company's stock on Moneycontrol, 49% have given it a ‘Buy’ rating, while 29% say ‘Outperform,’ and 14% prefer holding, with merely 9% giving it an ‘Underperform’ rating. The consensus reflects optimism about Titan's long-term growth prospects, fueled by its leadership market position and consistent brand-driven expansion.

Also Read: Stock Market Today: Sensex Down 0.21%, Nifty Drops 0.27%; Titan, Infosys Lead Gainers

Outlook

As festive demand gains traction, consistent growth from segments, and robust consumer spending, Titan seems best placed to maintain its positive trajectory. With valuations still high, the group's solid fundamentals and diversified growth drivers ensure it is among India's most reliable names in e-commerce and lifestyle. In short, Titan's Q2 update has rekindled investors' enthusiasm, taking its shares to near-record levels as it continues to shine through business segments. 

FAQs

1. Why did Titan's share price increase by 3.87% today?

Titan's share price rose 3.87% to Rs. 3,550.50 following strong Q2 growth in its jewellery business, which grew 19% year-on-year. The initial festive season and increased gold ticket sizes also improved sentiments among investors.

2. How is Titan's jewellery segment doing this quarter?

Titan's jewellery segment spearheaded growth, with 19% YoY growth driven by festive demand, higher ticket size, and robust sales of studded jewellery and coins. Although it had fewer buyers, the company balanced this by making premium purchases.

3. What are other business segments contributing to Titan's performance?

Titan's new businesses increased 37% YoY, spearheaded by fragrances up 48%, women's handbags up 90%, and ethnic wear brand Taneira up 13%. This diversification further consolidates Titan's base beyond jewellery and watches.

4. What is the analysts' view on Titan stock?

Of 35 analysts, 49% say ‘Buy,’ 29% say ‘Outperform,’ and just 9% say ‘Underperform.’ Analysts think Titan's premium positioning, stable earnings, and brand strength make it a long-term winner even at high valuations.

5. Is Titan stock a good buy for investors today?

Though Titan trades at a premium PE of 84.91 (higher than the industry's 68.02), the analysts continue to be optimistic because of its brand leadership, diversified growth and steadiness of performance. Long-term investors can treat dips as entry points.