Titan surges 6%, hits 52-week high on strong Q4 business updates

Tata group company Titan saw buying interest from investors today after the company released its Q4 business updates. Titan shares rose over 6% intraday to hit a 52-week high of ₹4,489.8 apiece on NSE.

As of 10:30 am, Titan stock is trading 5.9% higher at around ₹4,469 per share and was among the top NIFTY50 gainers. In context, the benchmark NIFTY50 index is trading 3.4% higher, while SENSEX has gained 3.5%.

Titan in its Q4 business updates reported a 46% YoY growth in the domestic jewellery business, supported by strong like-to-like sales growth across all the jewellery retail formats. Besides this, the business recorded high single-digit buyer growth and an improvement in ticket size.

Titan added 27 new stores under its jewellery business, out of which 8 were in Tanishq, 14 in Mia and 5 in CaratLane respectively.

Watch business show steady growth

Titan watch business reported 7% YoY sales growth, supported by sustained consumer interest in both premium and entry levels alike. Premiumization trends contributed to healthy ticket size increases in the quarter.

Watch business added 30 new stores during the quarter, consisting of 17 stores in Titan World, 7 stores in Fastrack, 4 stores in Helios and 2 stores in Helios Luxe, respectively.

Double-digit growth in EyeCare business

Titan EyeCare business grew by 16% YoY, building on the healthy momentum of the previous quarters and powered by growth in International brands across product categories of sunglasses, lenses and frames. Meanwhile, emerging businesses that have fragrances saw 30% YoY sales growth, led by double-digit volume growth, while women’s bags grew by 47% YoY, led by new store expansion and healthy volume growth in both Irth and Fastrack.

International business

Titan’s North America business continued its strong momentum, clocking 50% YoY growth during the quarter. March 2026 saw significant disruptions in the GCC region on account of the war in the Middle East, which impacted the sales in both Tanishq and Damas stores. Despite this, Tanishq’s GCC business clocked a healthy growth of 37% YoY in the quarter.

As of March 26, Titan’s international store network spans 149 stores in the GCC region, 12 stores in North America and 1 Tanishq store in Singapore.

Morgan Stanley maintains positive outlook

Global investment firm Morgan Stanley has maintained its positive outlook on Titan, as domestic jewellery growth in the March quarter was significantly ahead of expectations. Like-to-like (LFL) growth accelerated sharply to 48% vs 32% in the previous quarter, while consumer demand was strong with secondary sales growth at 52% YoY.