India's Titan hits record high on strong fourth-quarter sales

Titan

08/04/2026 05:12

April 8 (Reuters) - Shares of Indian jeweller Titan Company TITN.NS rose as much as 5.7% to hit a record high on Wednesday after posting a 42% rise in quarterly domestic sales, driven by higher average selling prices for gold and a rise in buyer volumes.

Titan's mainstay jewellery business, which accounts for over 90% of its revenue, grew 46% year-on-year, the company said in a business update for the quarter ended March 31.

Spot gold prices XAU= rose nearly 8% during the quarter.

 (Reporting by Komal Salecha in Bengaluru; Editing by Sonia Cheema)

 ((Komal@thomsonreuters.com;))