Titan Company shares rose over 3% in intraday trading on February 1, 2026, reaching a high of ₹4,132.40 after the Union Budget 2026 maintained the existing customs duty on gold imports without any hike. The absence of any increase in gold import duty helped ease cost- worries for jewellery makers, supporting sentiment around the stock.
Titan shares moved sharply within the day’s trading range, touching a low of ₹3,870.40 and a high of ₹4,132.40. The stock opened at ₹3,988.00, compared with the previous close of ₹3,977.40, and saw buying interest strengthen as clarity emerged on gold- policy measures.
Titan Company, a major player in the jewellery segment through brands like Tanishq, benefits from stable or lower effective gold import costs, which support consumer demand and help maintain margins in a price-sensitive market.
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