India's Titan hits record high on strong quarterly sales

Titan

08/04/2026 05:06

** Shares of Indian jeweller Titan Company TITN.NS rise as much as 5.72% to a record high of 4,472.5 rupees

** Company posts a 42% rise in domestic sales for the fourth quarter

** Broader Asian markets climb after U.S. President Donald Trump agreed to a two-week ceasefire with Iran

** Benchmark Nifty 50 index .NSEI up 3.27%

** TITN rated "buy" on avg by 35 analysts covering it; median PT at 4,917 rupees, according to data compiled by LSEG

** YTD, TITN stock up 7.4% vs NSEI's 8.7% fall

 (Reporting by Komal Salecha in Bengaluru)

 ((Komal@thomsonreuters.com))