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Shree Dhanraksha Securities

24th Oct · SEBI-Registered Analyst

Gems & Jewellery / Consumer

TITAN
Titan hit 52-week highs recently and Q2 updates showed resilient jewellery growth despite higher gold prices; company added stores and saw strong festive season momentum. What it means: jewellery demand can be seasonal (festive/wedding) and sensitive to gold prices; Titan’s premium push (watches/jewellery) helps diversify revenue. Takeaway: Beginners: treat Titan as a seasonal consumer play — consider entry after checking valuations and Q-on-Q sales trends.

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