Titan Share Price Target: The stock of jewellery and watchmaker Titan Company, fell over 8 per cent on Monday (May 11), despite the Tata company on Friday reporting a 35.36 per cent increase in its consolidated net profit to Rs 1,179 crore for the March quarter of FY26.
On BSE, the stock fell to Rs 4,151.40, over 8.02 per cent dowm from its previous closing of Rs 4,513.40.
Meanwhile, several brokerages reviewed the stock post the Q4 results.
The company posted a net profit of Rs 871 crore in the January-March quarter a year ago, according to a regulatory filing by Titan.
Its sales surged 48.28 per cent to Rs 20,607 crore in the March quarter of FY26, which, according to Titan, is “one of the strongest quarterly performances in the company’s history”.
Total expenses of Titan jumped 85.16 per cent to Rs 25,579 crore in the March quarter.
For the entire FY26, Titan’s profit surged 52 per cent to Rs 5,073 crore. It was Rs 3,337 crore a year ago.
Its consolidated sales in FY26 advanced 34.4 per cent to Rs 76,797 crore.
Titan’s total consolidated income rose 44.62 per cent to Rs 88,136 crore for the financial year ended on March 31, 2026.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
