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Buy rating on Titan shares as Tata Group firm announces strong Q2 FY26 Results
admin | October 8, 2025 7:21 PM CST

New Delhi: The start of the festive season and a rise in gold prices boosted Tata Group’s Titan Company’s second quarter (Q2 FY25-26) results. In its business update, the company reported overall revenue growth of approximately 20 percent year-over-year (YoY), with the jewellery segment contributing the most.

On October 8, 2025, Titan shares recorded a sharp jump. Brokerages have predicted the counter to rise and given an impressive target price. Titan’s domestic jewellery business recorded approximately 19% YoY growth. This growth was primarily driven by a 45% increase in gold prices and the early start of the festive season. Studded jewellery from the company’s brands Tanishq, Mia, and Zoya (TMZ) outperformed plain gold, registering growth in the mid-teens (approximately 15%) range.

Titan Businesses

Titan Watch segment: The recorded a 12 percent surge in this category. However, smart wearables registered a 23 percent drop.

Eyewear Segment: This category recorded a growth of 9 percent.

Emerging Business: The company’s new business registered a strong growth of 37 percent.

International Business: Titan’s overseas markets recorded a massive jump of 86 per cent, with Tanishq doubling its business in the US and also registering strong growth in the GCC market.

Buy rating on Titan shares

Brokerage firm Antique Stock Broking Limited has maintained its BUY rating on Titan with a target price of Rs 4,615 per share. Valuation: 60x P/E based on H1 FY28 estimates and CMP (Current Market Price): Rs 3,417

The brokerage initiated the Buy rating on Titan stock as the company’s strong business model and festive season demand could further accelerate growth in the coming quarters.

Titan Stock Performance

Today, Titan shares surged more than 3.5 percent to Rs 3,540 at the time of writing this article. In 1 week, the counter gained +4.52 percent; in the previous quarter, the scrip recorded -1.76 percent  return. In 5 years, the stock jumped +182% returns.

Titan share details on BSE as of Oct 8, 2025

Previous Close: 3416.55

Open: 3472.80

High: 3580.00

Low: 3470.60

52 Wk High: 3,725.25

52 Wk Low: 2,947.55

Upper Price Band: 3,758.20

Lower Price Band: 3,074.90

Price Band: No Band

Mcap Full (Cr.): 3,16,335.96

PE (Standalone / Consolidated): 87.91 / 85.11

ROE / PB: 24.01 / 21.11

Titan Dividend

The company had declared a final dividend of 1100 per cent (Rs 11 per share) in July 2025. Its previous three ex-dates were June 27, 2024, July 13, 2023 and July 8, 2022.

(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds and crypto assets.)


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