Ajoy Chawla said that he hopes buyer growth will be better this festive season, coupled with the wedding season that follows
Analysts at Nomura have initiated coverage of Titan with a 'Buy' rating and a target price of ₹4,275, highlighting the company's strong positioning relative to peers on a risk-weighted basis.
Titan Company brand expects bridal lehengas and more wedding dates this year to help its growth plans
ICRA expects Titan's revenue growth and cash accruals to remain healthy, driven by accelerated formalisation of the jewellery retail industry.
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Despite a tough macro backdrop, the domestic jewellery business of Tanishq, Mia, and Zoya grew 17 per cent year-on-year (Y-o-Y), with same-store sales up 12 per cent
Motilal Oswal retained its 'Buy' rating with a target price of ₹4,150, noting Titan's 25 per cent consolidated Y-o-Y growth and 17 per cent jewellery growth ex-bullion.
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Last month, Titan also announced that its has signed an agreement to acquire a 67% stake in Damas LLC, the holding company for the Damas jewellery business in the GCC region
As per the transaction, Titan Holdings will acquire the 67% shareholding, subject to the fulfillment of conditions precedent outlined in the agreement, along with necessary regulatory approvals.
Tata Group's Titan Company said that the acquisition will be funded through a mix of internal accruals, existing cash balances, and debt
Tata group firm Titan Company Ltd on Friday announced top management changes with Ajoy Chawla set to become its Managing Director from January 1, 2026, succeeding incumbent C K Venkataraman. Chawla is currently the CEO of the company's jewellery division, Titan Company said in a regulatory filing. As part of the changes, Arun Narayan, head of Tanishq India business, will become CEO of its jewellery division from January 1, 2026, while Kuruvilla Markose, currently the CEO of the company's international business division, will succeed Suparna Mitra as the CEO of the watches division with effect from August 13, 2025, it added. Mitra, CEO of the Watches Division, has resigned with effect from August 12, 2025, it added. Narayan, presently leading Tanishq India business responsible for retail, marketing and merchandising, will succeed Ajoy Chawla as the CEO of the jewellery division with effect from January 1, 2026, the company said. He has been leading the Tanishq India business since
Titan's Q1 FY26 business update shows slower growth in the jewellery division, a flat YoY buyer growth, and increased competition
Shares of Tata group firm Titan Company on Tuesday tumbled over 6 per cent as the company's first quarter business update failed to cheer investors. The stock dropped 6.17 per cent to Rs 3,440.60 apiece on the BSE. During the day, it lost 6.32 per cent to Rs 3,435. On the NSE, it tanked 6.16 per cent to Rs 3,440. The stock emerged as the biggest laggard among the Sensex and Nifty firms. The company's market valuation eroded by Rs 20,086.15 crore to Rs 3,05,451.71 crore. Tata group firm Titan Company saw its consumer businesses grow by 20 per cent year-on-year in the first quarter of this fiscal, according to a regulatory filing by the company. Domestic jewellery operations grew by 18 per cent in the first quarter, despite the period being marked by gold price volatility affecting consumer sentiments, Titan Company said. "While the Akshaya Tritiya period saw good traction, the increase in gold prices from May till mid-June saw some softening in customer purchases," it added. The
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Its mainstay domestic jewellery business, which contributes close to 90 per cent to its overall revenue, grew 18 per cent year-on-year, the company said in a business update
The northward move in Titan share price came after Sydney, Australia-based Macquarie reportedly maintained an 'Outperform' rating, with a target price of ₹4,150.
Titan aims to double sales to 15 lakh bags in FY26 under IRTH and Fastrack, supported by rising demand, new leather ranges, online partnerships, and retail expansion
Tata group firm Titan Company Ltd on Tuesday said Suparna Mitra, CEO of its Watches & Wearables Division, has resigned due to personal reasons. The date of cessation of Mitra, who has been in this role for the last five years, is August 12, 2025, the company said in a regulatory filing. In her resignation letter to Titan Co Managing Director CK Venkataraman, Mitra cited "personal reasons" for her decision to move on.