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Titan share price: Shares of jewellery to watch maker Titan in Tuesday's trade (July 8, 2025) slipped as much as 6 per cent after the company's Q1 business update. After striking the day's low of Rs 3455.90, with a gap-down of nearly 6 per cent, the stock around 9:46 am traded with a cut of 4.86 per cent or Rs 177.7 at Rs 3,477.4 per share.

The scrip is also the top loser from the Nifty50 pack, with other losers including Dr. Reddy's Labs, Cipla, HCL Technologies and Sun Pharma.

The company posted a mixed set of business update for the June quarter with consumer business logging 20 per cent growth. Furthermore, domestic and international sales rose 19 per cent and 49 per cent year-on-year (YoY), respectively.

In the jewellery and watch segments, in the domestic - the company posted 18 per cent and 23 per cent sales growth, respectively.

During the review period i.e. from April-June, the compan y added 10 new stores.

Morgan Stanley has continued with its overweight call on the stock with the target at Rs 3,876- implying possible gains of nearly 6 per cent from the last close. As per the brokerage, the company saw a big miss in the jewellery segment, with buyer growth being flat year-on-year.Q1 Tanishq, Mia & Zoya business revenue (ex-Bullion) was up 17 per cent on-year versus 28 per cent estimates. 

Gold price volatility led to softening consumer purchases between May and mid-June.

Goldman Sachs has continued with its 'buy' rating on the the stock with the target slashed to Rs 4,000 from the earlier Rs 4,100.

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