Archive · 25 Jun 2025
Titan Shares Rally on Macquarie's 'Outperform' Rating
Titan, an Indian company that sells jewellery, watches, and other accessories, saw its stock price go up.
This is because a financial company called Macquarie said they think Titan is doing well.
Macquarie believes people are still buying a lot of jewellery, even though gold prices are high.
They predict Titan's sales and profits will increase.
Titan already has a good part of the Indian jewellery market, which has been growing quickly.
Because of this positive outlook, the stock price went up.
Titan shares increased 3.7% on Tuesday, June 25, 2025, driven by a Macquarie 'Outperform' rating.
Macquarie set a target price of ₹4,150 per share, nearly 18% above the last close.
The brokerage noted strong jewellery demand despite high global gold prices.
Titan's jewellery segment is projected to grow over 21% year-on-year in revenue and EBIT for Q1 FY26.
Titan holds a 7% share of India's jewellery market, which has grown at a 13% CAGR over the past 15 years.
- Who
- Shares of Titan Company Ltd. are affected by a Macquarie brokerage report.
- What
- Shares of Titan Company Ltd. rose by 3.7%.
- When
- Tuesday, June 25, 2025.
- Where
- On the NSE (National Stock Exchange).
- Why
- Driven by robust demand and improving profitability in the jewellery segment.
- Stock Increase
- 3.7%
- Target Price (Macquarie)
- ₹4,150 per share
- Jewellery Market Share (Titan)
- 7%
- Market Growth (Last 15 Years)
- 13% CAGR
- Q4 2025 Revenue (Titan)
- ₹13,477 crore