Titan Share Price Tanks 5% After Weak Q1 Update

The Titan share price took a beating in early trade after the company’s Q1 FY26 update fell short of market expectations. Despite 20% YoY growth in its consumer business, weak jewellery sales and flat buyer growth triggered a sharp 5% fall in the stock, wiping out nearly ₹900 crore from Rekha Jhunjhunwala’s portfolio in minutes. Here’s a detailed look at what went wrong, how brokerages reacted, and whether a recovery is on the horizon.

Titan Share Price Plunges 5% After Weak Q1 Update; Rekha Jhunjhunwala Loses ₹900 Crore

Mumbai, July 8 – The Titan share price fell sharply in early trade on Tuesday, dropping over 5% intraday after the Tata Group firm reported a disappointing Q1 FY26 business update. The weak performance in its jewellery segment, flat buyer growth, and volatility in gold prices spooked investors, leading to a sharp selloff.

📉 Titan Share Price Today

• Current Price: ₹3,471.30 (↓ 5.31%)
• Day’s Low: ₹3,455.90
• Previous Close: ₹3,666.00
• Market Cap: ₹3.07 lakh crore

The crash in Titan share price also impacted Rekha Jhunjhunwala’s portfolio. Holding 5.15% stake in the company, her investment value dropped from ₹15,989 crore on Monday to ₹15,842 crore — a notional loss of ₹923 crore within minutes.

⚠️ Why Titan Share Price Is Falling

• Jewellery growth at 18% YoY vs expected 22–25%
• Flat buyer growth across key brands: Tanishq, CaratLane
• High gold prices softened consumer demand
• Emkay Global downgraded stock to ‘Reduce’, Target: ₹3,350

“Q1 growth moderation in jewellery and flat buyer additions signal a potential risk to FY26 expectations,” said Emkay.

🔍 Analyst Views on Titan Share Price

• Morgan Stanley: Overweight, Target Price: ₹3,876
• MOFSL: Buy, Target Price: ₹4,250
• Emkay Global: Reduce, Target Price: ₹3,350
• JM Financial: Forecasts 18% revenue growth in Q1, but with margin pressure

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🛍️ Titan Q1 FY26 Highlights

Despite strong performance in some categories, the Titan share price dropped due to below-par jewellery growth and cautious outlook.

• Consumer Business: +20% YoY
• Jewellery Segment: +18% YoY
• Watches Division: +23% YoY
• Eyewear: +12% YoY
• Fragrances & Bags: 56% & 61% YoY growth
• Store Additions: 10 (Total now 3,322 stores)
• International Business: +49% YoY

The Titan share price reacted sharply as jewellery — the key revenue driver — fell short of expectations, with low footfalls and gold price inflation acting as dampeners.

📈 Is There Upside Left in Titan Share Price?

While the Titan share price has delivered a 16% gain in the past year, near-term sentiment has turned cautious. Analysts advise closely watching the Q2 performance during the festive period to judge a potential rebound.

“Titan has strong fundamentals, but the current price action shows that investors are nervous about growth sustainability,” noted a domestic brokerage.

📝 Disclaimer: This content is for informational purposes only. Please consult a SEBI-registered advisor before making any investment decisions.