Titan shares in focus after Tata Group giant shows 22% topline growth in Q2 led by Jewellery

Shares of Titan Company Ltd. are in focus on Wednesday, October 7, as its business update for the second quarter indicated that its performance continues to be healthy.According to its exchange filing shared on Tuesday evening, Titan's domestic revenue increased by 22% from last year, while its international business topline nearly doubled on a year-on-year basis, registering a growth of 97%.Titan's jewellery segment, which is the core business of the company, saw another healthy quarter with a 21% revenue growth during the September quarter, when compared to the same period last year.The division's Tanishiq, Mia, Zoya, and BeYon brands witnessed a 20% increase, while CaratLane saw a 32% rise.Meanwhile, the company's watches segment saw a 30% increase on a year-on-year basis, while its EyeCare and emerging businesses saw growth of 28% and 21%, respectively from the year-ago period.Titan said studded jewellery grew in early thirties, outperforming the plain gold jewellery segment, which grew at 20% from last year. Buyer growth was at mid-single digits and the average ticket sizes were seeing double-digit growth, it said.Titan added that Damas, in which it acquired 67% stake last year, was showing early signs of recovery.Shares of Titan Company ended the previous session 0.9% lower at ₹4,540 apiece. The stock has declined 9.1% in the past month but is up 12.12% in 2026, so far.Also Read: Reliance Industries, Bharti Airtel shares will have a re-rating trigger in Jio Platforms IPO: Motilal Oswal