Titan shares seeing some profit booking ahead of September quarter result

Titan’s shares are seeing some profit booking today, ahead of the September quarter results of the company. Titan is expected to announce its September quarter result, later in the day today. At 11:35 a.m. 3^rd November, 2025, Titan’s share price is down by 1.13%, trading at Rs 3,704.30. Nifty 50 index is up by 0.095% at this time.

Titan’s shares have gained more than 7% in the past one month

Titan’s shares have gained 7.27% in the past 1 month. Year-to-date (YTD) in 2025, they have gained 13.84%. Nifty 50 index has gained 8.42% YTD in 2025. The stock has outperformed the Nifty 50 index by around 5% this year.

Sales grew by 18% in the September quarter

Titan has already given sales update for the September quarter. Titan’s sales in the quarter increased year-on-year by 18% . In the September 2024 quarter, its sales growth was 25%. Higher gold prices lowered the demand for gold jewelry in September 2025 quarter. Titan’s jewelry businesses Tanishq, Zara Mia etc. contribute around 90% to the total revenues of the company.

Higher gold prices adversely impacted demand for gold jewelry

To support demand for gold jewelry amidst record high gold prices, Titan introduced the old gold exchange scheme this Diwali season. Demand for physical gold for investment increased this Diwali. More customers opted for purchasing gold coins and gold bars instead of gold jewelry.

Higher gold prices may also have some adverse impact on the profit margin of gold jewelry sales of the company in the quarter.

Titan stock among the most highly valued stocks right now

Titan’s shares are among the most valued stocks in the country, currently. They are currently trading at a price-to-earnings (P/E) ratio of around 88. Nifty Consumer Durables index is  trading at a P/E ratio of around 67. Titan has 36.32% weight in this index. Year-to-date (YTD) in 2025, Nifty Consumer Durables index has lost 7.83%. Titan’s stock has gained 13.84% in this period. So its shares have outperformed the benchmark index by around 20% in this period.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source : NSE, Titan