On Tuesday, when the National Stock Exchange of India (NSE) was closed for Dussehra, Mint reported that Choice Broking's Sumeet Bagadia had set a ₹5,085 target for Titan Company Limited shares.
Mint said Bagadia suggested an entry near ₹4,420 and another level around ₹4,300 if the shares declined. It reported his other target as ₹4,860. Bagadia identified ₹4,070 as support, but Mint did not describe that price as a formal stop loss. Choice lists Bagadia as its executive director and head of technical research.
Mint reported that Bagadia pointed to a rising trend line on Titan's weekly chart and a relative strength index reading of 44.95. He said the indicator did not yet signal strong upward momentum. The price levels and chart assessment were reported by Mint.
Titan's Oct. 6 business update reported about 25% year-over-year growth across its consumer businesses in the fiscal second quarter ended Sept. 30. The company reported 22% growth in its domestic businesses, including about 21% growth in domestic jewellery. Titan said the figures were provisional and subject to limited review by its statutory auditors; they are not reviewed quarterly financial results.
Titan also reported 97% year-over-year growth in its international business. That figure includes Damas Jewellery, which Titan consolidated from January 2026. The company added 78 net stores during the quarter, bringing its consumer retail network to 3,758 stores as of September.
Titan said consumer demand was healthy for most of the quarter but softened late in the period as the festive calendar shifted into its third fiscal quarter. It attributed the late-quarter easing in jewellery demand to that shift. Titan is a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation.
