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Titan Share Price: Titan Company Ltd is back in the spotlight as a strong festive season and positive brokerage outlook highlight its potential.

Market expert and Zee Business Managing Editor Anil Singhvi recommends Titan as a buy of the day, noting that the stock could see a surge due to strong gold prices, technical support levels, and healthy trading volumes.

Singhvi said, “Gold has shown significant momentum, which supports Titan. The festive season was strong, and with UBS issuing positive reports, this is a stock to consider for accumulation.”

He also mentioned that UBS sees Rs 4,700 as a target level for Titan over the next year.

UBS upgraded Titan from Neutral to Buy, raising its target from Rs 3,600 to Rs 4,700, implying a potential upside of about 24 per cent from the current market price of Rs 3,777.

The brokerage views Titan as a leading player in the jewellery sector, with strong brands, consumer trust, and operational scale. UBS expects earnings to rebound after two years of stagnation.

Key risks remain, including rising gold prices and intensifying price competition that could impact growth and margins.

In Q2FY26, Titan’s domestic jewellery business grew approximately 19 per cent year-on-year. Higher gold prices increased average ticket sizes, offsetting slight declines in buyer counts. Early festive demand, consumer promotions, and marketing initiatives helped maintain strong sales.

Studded jewellery across Tanishq, Mia, and Zoya grew in the mid-teens, outperforming plain gold jewellery, while gold coins continued their strong run, reflecting investment demand. Like-for-like growth at Tanishq and CaratLane remained in double digits.

Titan also inaugurated its first wedding destination store, ‘Rivaah’, in Delhi, marking a milestone in the brand’s journey. A total of 34 new stores were added in India during the quarter.

Titan’s watches business grew around 12 per cent YoY, led by a 17 per cent rise in the analog segment. Smart wearables declined 23 per cent YoY, reflecting broader market weakness.

The eyewear division grew 9 per cent, while emerging businesses such as fragrances and women’s bags rose 48 per cent and 90 per cent YoY, respectively.

Internationally, Titan’s jewellery business surged 86 per cent YoY, with Tanishq more than doubling its USA sales and posting strong growth in the GCC markets.

Anubhav Maurya is a Senior Sub-Editor at Zee Business, focusing on the stock market, personal finance, corporate news, and related sectors.

He has previously worked wi