TITAN Q1FY26 RESULTS AND FALL IN STOCK BY 5%

Titan Company (NSE: TITAN) posted 20% YoY growth in Q1FY26 consumer business and added 10 stores, expanding its network to 3,322 outlets. Jewellery grew 18% despite gold price volatility. Watches rose 23%, EyeCare 12%, and emerging segments like fragrances and Taneira saw double-digit gains. Technically, stock has witnessed a sharp 6% weekly fall, closing at ₹3,462, near its 20-week EMA of ₹3,453. Price has formed a bearish engulfing candle on high volume, hinting at distribution. DMI shows weak directional strength with ADX at 16.27. Sustained trade below the 20-week EMA could trigger further downside towards the 50-week EMA near ₹3,404.