Titan shares rise 3.4% after Q2 profit jumps 54%

Titan Company Limited rose 3.42% to Rs 5,000 after Q2 profit grew 54%, with Rs 5,187 resistance and Rs 4,550 support in focus. Titan Company Limited [ TITAN ] rose 3.42% to Rs 5,000 on the NSE on 6 November 2026. This was the first session after its Q2 results, with 4.13 million shares traded. The results came after market hours on 5 November. Consolidated net profit rose 54% to Rs 1,722 crore from Rs 1,120 crore a year ago. Total income grew 25% to Rs 20,533 crore. Jewellery sales rose 24% to Rs 17,495 crore, excluding bullion and Digi-gold, at a 13.1% EBIT margin. Profit grew more than twice as fast as total income, which points to better margins. The trend is strongly bullish and the price sits 3.6% below the record zone near Rs 5,187. A close above Rs 5,187 would confirm a fresh high. RSI at 73.85 is above 70, so a pause or a retest of Rs 5,000 would be normal after a sharp run. A close below Rs 4,550 support would weaken this view. Next, watch whether festive demand, which shifted into Q3 FY27, lifts sales further. Stance: positive while Rs 4,550 holds, with Rs 5,187 the level to clear. Disclosure: I do not hold any position in this stock. This is not a recommendation to buy or sell. Investments in securities markets are subject to market risks. Read all related documents carefully before investing.