Titan Share Price Falls For Second Straight Day After Company Shares Quarterly Business Update

Titan share price declined for the second straight day on July 8. The Tata group company’s stock has slipped nearly 7 per cent in two days on the NSE at the day’s low of Rs 3455.9 apiece. Titan share price fell in today’s trade after the company informed the exchanges about its provisional business update for the first quarter of FY 2025-26. Notably, the stock also emerged as the top-drag among Nifty 50 constituents during the early hours of trade on July 8.

Titan Q1 Business Update

Titan shares declined after the company informed the exchanges via a release on July 8 that its jewellery business was impacted by gold price volatility in the first quarter of FY 2025-26. The company added that the surge in gold prices between May and mid-June led to softening in customer purchases. Titan also mentioned that buyer growth remained flat for both its jewellery brand Tanishq (TMZ) and CaratLane. Titan mentioned that amid the high gold prices, buyers preferred lightweight and lower karatage jewellery. Notably, the company’s domestic jewellery business grew by 18 per cent year-on-year amid the volatility in gold price.

Titan said that its studded jewellery ratio came in lower year-on-year, led by differential growth across segments in Tanishq. The company said that gold coins continued to lead strongly, with plain gold sales growing in mid-teens and studded segment growth in early double digits. The company added that overall domestic sales growth for Tanishq is likely to remain in the early double digits, and the sales growth for CaratLane is expected to be in higher double-digits. The company said in the business update that it added 19 new stores in India. Out of these 19 stores, three were Tanishq stores, seven were Mia stores, and, nine stores were of the CaratLane brand.

The Tata group company also mentioned in the business update that its domestic consumer businesses grew by 20 per cent in Q1FY26 compared to Q1FY25.

Titan Dividend

Earlier in FY25 Titan declared a final dividend of Rs 11 per share. The stock is set to trade ex-dividend today. The record date for the Rs 11 dividend issue is also July 8, 2025.

Titan Share Price History

In the past year, Titan's shares have gained over 8 per cent on the NSE. On a year-to-date basis, the Tata Group company’s shares have gained over 7 per cent. In the past six months, shares of Titan have declined 0.23 per cent, and in a month, the company’s shares have slipped over 1 per cent.  In the last five days, the stock has traded lower by more than 6 per cent.

At the time of writing shares of Titan traded at Rs 3,477.6 apiece down by 4.86 per cent on the NSE.