Titan shares in focus on Q1 business update; consumer business grows 41% YoY

Titan reported a strong Q1FY27 business update with consumer business growing 41% year-on-year. Domestic business grew 37%, led by jewellery at 39% on healthy festive demand and Akshaya Tritiya sales, while watches and EyeCare both grew 23%. International business surged 128% aided by Damas Jewellery consolidation, and the company added 77 stores net to take its total retail network to 3,680.