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Titan Share Price Target: The stock of jewellery and watchmaker Titan, 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.
The stock price movement is seen a day after stressing the need to save foreign exchange due to the crisis, PM Modi called for postponing the purchase of gold and foreign travel for one year.
Meanwhile, several brokerages reviewed the stock npost the Q4 results.
Titan Company Share Price Target 2026
- Brokerage firm Nuvama has maintained buy rating on Titan Company with a target price of Rs 5,240 (Rs 4,926 earlier)
- Morgan Stanley maintained Overweight rating with target price of Rs 5,212 vs Rs 5,102
- Bernstein maintained Outperform rating with target price of Rs 5,000.
- Centrum maintained Buy call with target price of Rs Rs5,400.
- Emkay maintained Add with target price of Rs 5,350
Titan Q4 Results FY26
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.
(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.)
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