Titan Company shares soar to 52-week high on plans to enter lab-grown diamond segment; Check details

As of 2:33 pm, the stock was trading 2.09% higher at ₹3,991.10 per equity share. It was the top gainer of the NIFTY50 index.

The scrip has advanced nearly 2% in the past week and about 3% over the month. On a year-to-date basis, it has gained approximately 23%. It touched a year’s low of ₹2,925.00 per unit on April 7, 2025.

Focusing on the emerging segment of affordable lab-grown diamonds in the country, the company will open an exclusive store in Mumbai on December 29, the Tata Group firm said in a regulatory filing.

"Titan will launch the brand name 'beYon - from the House of Titan' with an exclusive retail store in Mumbai on 29th December 2025 to cater to the adornment needs of women in lifestyle categories beyond watches, perfumes, sarees, and handbags," it stated.

The brand 'beYon' will offer a curated range of lab-grown diamond (LGD) jewellery, making a start in this emerging category with plans to add a couple of more stores in Mumbai and Delhi in the immediate near future, Titan said.

According to a PTI report, over the last 2-3 years, the lab-grown diamond market in India has experienced rapid growth, driven by consumer demand for affordable, sustainable, and ethically sourced alternatives to natural diamonds.

In the last few years, studded Jewellery has been gaining popularity with organised retailers increasing focus due to high margins, the report added.

The Indian diamond jewellery market is estimated at around $6.2 billion (₹55,674.54 crore) in 2025 and is projected to grow to $8.6 billion (₹77,225.97 crore) by 2028, with a CAGR of 12%, it stated. Moreover, India has also become the world's second-largest market for natural diamond jewellery.

Earlier this year, Titan announced a long-term strategic collaboration with De Beers Group, the world's leading diamond company, and its leading jewellery brand Tanishq.

Gold, silver at record high

The rise in the stock also comes on the back of both precious metals, gold and silver, surging to their lifetime highs on Friday.

On the MCX, gold futures for February delivery rallied as much as ₹1,336 or 0.97% to an all-time high of ₹1,39,433 per 10 grams. Similarly, silver contracts for the January expiry extended their gains for the fifth consecutive session to hit a record high of ₹2,33,183 per kilogram.

Precious metal prices soared amid mounting geopolitical tensions and expectations of interest rate cuts in 2026 by the US Federal Reserve.

Q2 results

The company posted a 59% year-on-year (YoY) surge in its consolidated net profit to ₹1,120 crore for the September quarter of FY26, compared to ₹704 crore in the year-ago period.

The country's largest watch and jewellery retailer's total income grew by 28.5% annually to ₹18,837 crore during the quarter under review, as against ₹1,358 crore in the second quarter of FY25.

Titan Company’s EBITDA jumped 46% YoY to ₹1,987 crore for the second quarter of FY26 from ₹1,358 crore in Q2 FY25.

The firm has a total market capitalisation of ₹3.55 lakh crore, as of December 26, 2025, according to data on the NSE.