A sentiment knock across the pack was the realistic expectation, said Anirudh Garg, Fund Manager and Partner, INVasset PMS, with the magnitude inversely proportional to succession clarity.
Four stocks, namely Trent, Nelco, Tata Investment Corporation and Titan Company, have seen a whopping 1,707 per cent to 1,018 per cent rise in almost 9.5 years.
Most of the group stocks such as TCS, Titan, Tata Communications and Tata Motors PV traded with cuts of up to 4 per cent in intraday deals on Wednesday.
Titan's robust June-quarter performance and growth outlook have prompted earnings upgrades, with jewellery demand, market-share gains and execution supporting prospects
India has a strong opportunity to emerge as a global hub for design-led jewellery manufacturing, supported by its manufacturing capabilities, craftsmanship and more FTAs, says Senco Gold.
Titan Company's consolidated net profit during the first quarter of the financial year rose 62.9 per cent year-on-year, on the back of strong sales.
The growth momentum witnessed in the first quarter of the current fiscal has continued in July, Titan Managing Director Ajoy Chawla said, adding that the company is on course to deliver the improvement targets after a strong start this fiscal year. "The growth we have seen in the first quarter, and we are also seeing that July is not bad. I am seeing a certain positivity so far in the last four months," Chawla said, addressing analysts after the company's June quarter earnings. While acknowledging that near-term performance would depend on external factors, he said Titan remains on track to achieve the growth trajectory outlined earlier and could even do better this year. "We think we are on trajectory for delivering the kind of growth that we had promised on the Investor Day, and we hope that we can, in fact, better it in the current year because we have started very well," he said. On the jewellery business, which contributes around 90 per cent of Titan's topline, Chawla reiterat
Leading jewellery and watchmaker Titan Company Ltd on Friday reported a 62.87 per cent rise in consolidated net profit to Rs 1,777 crore for the June quarter of FY27, led by jewellery business. The company had posted a net profit of Rs 1,091 crore in the April-June period a year ago, according to a regulatory filing. Its sales were up 40.31 per cent year-on-year at Rs 20,787 crore in the June quarter of FY27, from Rs 14,814 crore in the corresponding quarter a year ago. Total expenses of Titan increased 26 per cent YoY to Rs 19,075 crore in the June quarter. Its Jewellery business, which contributes around 90 per cent of the business, was up 29.73 per cent to 19,002 crore in Q1 FY27, compared to Rs 14,647 crore in the corresponding quarter of the preceding fiscal. Titan's total consolidated income increased 29.3 per cent to Rs 21,502 crore in the quarter under review. Shares of Titan Company Ltd on Friday settled at Rs 4,943 apiece, down 0.82 per cent, on the BSE.
Q1FY27 company results: Firms including Oil India, Power Finance Corporation, BEML, Godrej Consumer Products, and The Ramco Cements are also to release their April-June earnings today
Analysts believe Titan remains one of India's highest-quality consumer discretionary franchises, supported by category leadership, strong execution and multiple growth levers.
Brokerages anticipate Titan to report healthy revenue and profit growth, driven by high double-digit ticket size growth and early double-digit buyer growth.
An idea on JRD Tata's birth anniversary on July 29
Of the ₹7,756 crore total gain in her portfolio, one stock - Titan Company - has made her richer by ₹3,469 crore since April 2026
Brokerage reports state that mass categories performed well during the quarter and the sector was aided by store expansion
Thus far in the calendar year 2026, the stock price of Thangamayil Jewellery zoomed 110 per cent, as against 7.4 per cent decline in the Nifty 50.
In the past month, Titan (up 14 per cent), Thangamayil Jewellery (28 per cent) and Sky Gold (21 per cent) logged strong gains as against a 4 per cent rise in the BSE Sensex.
Titan registered a strong all-round performance in Q1FY27 with domestic business growing by 37% driven by 39% growth in the jewellery business, while international business grew by 128%.
Stocks to watch today: Power Grid, Sterlite Technologies, ZEN Technologies, TVS Motor Company, Varun Beverages, Torrent Pharma, Cochin Shipyard, Titan, Trent, among others, will be in focus today
Jewellery led growth across Titan's portfolio, while the company expanded its retail footprint by adding 77 stores during the April-June quarter
Titan expects rising discretionary spending, premiumisation and formalisation across categories, along with robust economic growth, to drive long-term demand for its branded products