HighPositive
Announced Tue, 7 Jul · 10:09 IST

Titan share price hits new high; global brokerages give 'buy' tag to Rekha Jhunjhunwala portfolio stock post Q1 update

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Titan Company shares surged about 4% to a record high of around ₹4,655.90 after reporting a 41% YoY growth in consumer businesses for Q1 FY27, with domestic business up 37% YoY and international operations rising 128% YoY. The jewellery segment led the performance, with Tanishq, Mia and Zoya growing 39% and CaratLane posting 42% growth, ahead of broker estimates. CLSA, HSBC and Nomura reiterated Buy/Outperform ratings with target prices up to ₹5,249, citing broad-based growth and fading regulatory headwinds.