Titan shares jump 4% to new records after strong Q3 update across categories

Shares of Tata Group's Titan Company Ltd

. are in focus on Wednesday, January 7, as the stock may react to its December quarter business update which was reported after market hours Tuesday.

The company reported 38% domestic sales growth in the third quarter compared to the same quarter last year, it said in an exchange filing.

Titan's core jewellery business grew 41% year-on-year, with brands such as Tanishq, Zoya and Mia growing 40% from last year, while CaratLane grew 42% during the same timeframe.

Growth in Titan's topline was driven by an increase in the average selling price, which offset the flattish buyer growth. The company also highlighted that the sales of Gold coins nearly doubled compared to the third quarter of financial year 2025.

While plain gold grew in the late-30s, the studded business saw its best performance in financial year 2026 so far, growing in the mid-twenties, Titan's filing stated.

Apart from the jewellery business, the Watches business grew by 13% in the third quarter, led by Analog Watches, as the Smart Watches category saw a 26% decline during the quarter.

Titan's Eyecare business grew by 16% year-on-year, while the emerging business grew by 14%. The international business saw a growth of 79% from the year-ago period.

Shares of Titan Company ended 0.8% higher on Friday at ₹4,112, making a new record high of ₹4,120 during the trading session. The stock has risen 10% in the last one month.