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Titan Shares Soar 4.5% on Strong Q3 Update
7 Jan
Summary
- Titan's share price surged 4.52% to ₹4,300.00 on BSE.
- Standalone revenue grew an estimated 40% year-on-year.
- Jewellery business revenue saw a robust 41% YoY increase.
Titan's stock market performance saw a notable increase on Wednesday, January 7, 2026, with its share price rising by as much as 4.52% to an intraday high of ₹4,300.00 on the BSE. This upward movement occurred even as the broader Sensex benchmark experienced a slight decline of up to 0.20%.
The impressive stock performance was a direct reaction to Titan's third-quarter (Q3) business update. The Tata Group company anticipates its standalone revenue to have climbed by a substantial 40% year-on-year. This growth is largely fueled by its dominant jewellery business, which accounts for 85% of total revenue and reportedly achieved a robust 41% year-on-year growth during Q3 FY26.
Analysts noted that Titan's revenue growth in Q3 FY26 was primarily driven by an increase in average selling prices, a strategy that effectively offset stagnant buyer growth. The company's Tanishq brand implemented a gold exchange offer, which successfully maintained consumer engagement beyond the typical festive season, and observed a doubling in gold coin sales compared to the previous year, highlighting their appeal as an investment.
