Titan Company Ltd. Share Price

Titan Q2 FY27: Profit +114% to ₹2,393 Cr, Jewellery +24%

Titan just posted one of the biggest headline profit jumps of this results season, but how much of it is core growth? A closer look at TITAN Q2 FY27 numbers. What this analysis covers: ✅ Consolidated net profit ₹2,393 Cr vs ₹1,120 Cr a year ago (+114% YoY) ✅ A one-off ₹671 Cr non-operational gain (fair value change in the Damas NCI put option liability) is included, so the core growth is lower than the headline ✅ Revenue from operations ₹20,614 Cr (+10% YoY) ✅ Jewellery portfolio +24% to ₹17,495 Cr (excluding bullion and digi-gold), with studded jewellery a key driver ✅ Watches segment +27% YoY ✅ Why investors should separate one-time gains from operating performance Key learning: A headline profit number can include accounting gains. Always check exceptional or one-off items and segment-wise growth before forming a view on any company. 💬 Your view: With gold prices at elevated levels, can jewellery demand stay strong through the wedding season? Share your thoughts below 👇 📲 For daily market notes, search "Neha Gupta SEBI RA" on Telegram and join the FREE channel. Neha Gupta | SEBI Registered Research Analyst | Reg. No. INH000016542 ⚠️ Disclaimer: This content is for educational purposes only and is not investment advice or a buy/sell recommendation. Investments in the securities market are subject to market risks. Read all related documents carefully before investing.

Voltas Chairman Noel Tata Retires as Sunil Takes Over

VOLTAS Voltas announced a leadership transition on Friday, 6 November, with Noel N. Tata retiring as Chairman and Director at the close of business on 11 November 2026, as he turns 70 on 12 November under the Tata Group governance guidelines. He has been associated with Voltas since 2003 and will become Chairman Emeritus from 12 November. The board appointed Sunil Alaric D’Souza as Chairman with effect from 12 November. D’Souza is the Managing Director and CEO of Tata Consumer Products and joined the Voltas board as a non-executive director in May 2026. His appointment as Chairman requires shareholder approval. Mukundan Menon will complete his tenure as Managing Director on 24 May 2027, and Jayant Balan is set to become Managing Director from 25 May 2027. Tata’s exit from Voltas follows his scheduled exits from the boards of Trent and Titan, where he will retire as Vice-Chairman from 12 November. Voltas also reported its September quarter (Q2 FY27) results on the same day. Consolidated revenue rose 15.3% to Rs 2,707 crore from Rs 2,347 crore, and EBITDA rose 82.4% to Rs 128 crore from Rs 70.4 crore, with the EBITDA margin at 4.7% against 3%. Consolidated profit after tax rose 50% to Rs 48 crore from Rs 32 crore. The room air conditioner business recorded 32% volume growth, and unitary cooling products revenue was Rs 1,567 crore. The chairman appointment still needs shareholder approval, so investors will watch that process along with how the stock reacts to the results. Disclaimer: The views expressed purely for educational and informational purposes and do not constitute financial advice or a recommendation to buy, sell, or hold any security.

Muhurat Session Ends Flat; Sun Pharma Leads Gains

Sensex close: It ended the special Muhurat session at 80,999.40, down 28.62 points (0.04%), against Friday’s close of 81,028.02. Nifty close: The Nifty50 ended at 24,986.40, down 43.95 points (0.18%), slipping back below 25,000. Early strength faded: The session started strongly, with the Sensex hitting a high of 81,442.11, up 414.09 points (0.51%), but it gave up all of those gains by the close. Opening movers: M&M, Tata Steel, HDFC Bank, Titan and ICICI Bank rallied 4-5% on Nifty at the open, but M&M ended among the Sensex’s biggest laggards. Top gainer: SUNPHARMA led the Nifty gainers, followed by Tata Steel, ONGC, Tata Motors Passenger Vehicles and Adani Ports, with the top five rising up to about 3%. Top loser: SBI Life Insurance led the Nifty laggards, with declines of up to 1.11% among the bottom five. Other losers: IndiGo, Bharti Airtel, Max Healthcare and Infosys also fell, and in the Sensex pack M&M, Trent and Axis Bank lost ground. Sectors: Pharma and metals did better, while some of the stocks that led last week’s rally, such as M&M, IndiGo and Trent, saw profit-taking.

Titan's profit doubles, but one-off gains flatter Q2

Titan Company Limited (NSE: TITAN) reported Q2 FY27 consolidated profit after tax of ₹2,393 crore, more than double the year-ago figure. A ₹671 crore non-operational accounting gain boosted reported profit; excluding it, profit still rose 54% to ₹1,722 crore. What happened Consolidated total income increased 25% to ₹20,533 crore. The jewellery portfolio grew 24% to ₹17,495 crore, excluding bullion and digital-gold sales. Studded jewellery recorded growth in the early thirties, while watches revenue increased 27% to ₹1,881 crore. The headline profit growth needs adjustment. Apart from the ₹671 crore accounting gain arising from a revaluation of a financial liability, the reported profit before tax also benefited from the customs-duty impact on gold. After adjusting for that customs-duty impact, profit before tax grew 18%, compared with reported growth of 53%. Why it matters The underlying business remains strong, particularly in jewellery. Studded products and a favourable product mix are helping Titan protect profitability even as high gold prices affect purchase volumes. What to watch next Q3 FY27 will be important because the festive calendar shifted some purchases into the December quarter. Track jewellery buyer growth, studded-product contribution and margins after excluding customs-duty benefits. A sustained improvement in customer additions would be more meaningful than another quarter of headline profit growth driven by adjustments. Stance: Positive on underlying jewellery and premiumisation trends, but do not annualise the reported profit increase. Focus on adjusted earnings, buyer growth and sustainable margins.

Titan Company (NSE: TITAN) – Technical Price Action

TITAN Titan Company (NSE: TITAN) – Technical Price Action Bullish momentum Short-term overbought Latest confirmed close: ₹5,000 on 6 November 2026. Titan has shown strong buying momentum, with a sharp bullish move and price closing near the session high. 1. Price action analysis Parameter Level Previous close ₹4,834.60 Open ₹4,799.90 High ₹5,013.90 Low ₹4,694.40 Close ₹5,000 Daily gain +3.42% The stock gained 12.70% over one week, with strong trading volume. This suggests aggressive buying interest. NSE India+1 2. Important support and resistance Based on classic pivot calculations: Level Price Resistance 3 ₹5,430 Resistance 2 ₹5,222 Resistance 1 ₹5,111 Pivot ₹4,903 Support 1 ₹4,792 Support 2 ₹4,583 Support 3 ₹4,472 Source: ET Money+1 3. Indicators Indicator Reading Interpretation RSI (14) 73.85 Overbought MACD +29.75 Bullish ADX 49.35 Strong trend Price vs 50 DMA Above Bullish Price vs 200 DMA Above Bullish ***** 4. Trading scenarios Bullish scenario Positive - Sustained breakout above ₹5,014–5,111. - Next potential levels: ₹5,222 and ₹5,430. - Volume confirmation is important. Bearish scenario Caution - Rejection near ₹5,014–5,111. - Below ₹4,903, momentum may weaken. - ₹4,792 is an important near-term support. 5. My technical view - Swing trend: Bullish. - Short-term momentum: Strong but stretched. - Fresh entry: Avoid chasing a sharp green candle. - Preferred strategy: Wait for a pullback and bullish confirmation, or a convincing breakout with volume.

Titan posts strong Q2 with 10% revenue growth

TITAN posted its Q2 results with revenue rising 10 percent year-on-year. The core jewellery business grew 24 percent excluding bullion and digi gold, though overall jewellery growth was held to 7 percent due to a sharp drop in digi gold and bullion sales to Rs 226 crore. Tanishq, Mia, Zoya, and beYon reported a combined growth of 20 percent to Rs 14,935 crore with a same store sales growth of 15 percent. This matters because margins benefited from a Rs 536 crore inventory gain due to the customs duty hike on gold from 6 percent to 15 percent in May 2026. While headline net profits more than doubled, adjusted jewellery EBIT margins remained flat year-on-year at 11 percent once inventory and hedge impacts were stripped out. Studded jewellery outperformed with 32 percent growth, while plain gold grew 20 percent. The headline figures miss the contraction in low-margin bullion sales and the underlying margin reality, which is currently driven by inventory valuation changes rather than operational expansion alone. However, softer gold prices are aiding new buyer growth, and non-jewellery segments like watches and eyewear delivered 27 percent growth while emerging categories jumped 45 percent. Investors should watch festive demand sustainability following Navratri, Dhanteras, and Deepawali, along with the non-jewellery segment ramp-up and buyer acquisition trends as gold prices fluctuate. At the current market price of Rs 4,835, the stock trades at a P/E of 60 times FY28 projected earnings. Call: Add.