Denemek ALTIN - Özgür
Titan bets on wedding season to sustain festive sales boost
Mint Chennai
|November 06, 2025
Titan Co. Ltd, the country’s largest jewellery retailer by revenue, expects sales momentum to continue into the wedding season after a strong festive demand boosted its second-quarter earnings despite elevated gold prices.
Gold prices hit record highs this year amid global uncertainty and geopolitical tensions, boosting demand for safe-haven assets. In India, 24-carat gold rose about 25%, peaking near ₹1.33 lakh per 10 grams in mid-October. Prices have since eased about 6%, raising hopes of strong wedding-season jewellery sales.
“Jewellery demand has remained resilient despite the sharp rise in gold prices,” Arun Narayan, who takes over as chief executive of Titan’s jewellery division on 1 January 2026, told Mint in an interview. “With prices softening slightly in recent weeks, we are seeing healthy momentum in consumer buying as the wedding season begins.”
Shares of Titan rose 2.3% to ₹3,812.85 on the BSE on Tuesday. Markets will remain closed on Wednesday for a public holiday.
Bu hikaye Mint Chennai dergisinin November 06, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Mint Chennai'den DAHA FAZLA HİKAYE
Mint Chennai
Tata Steel wraps strong FY26 on higher volumes, firm steel prices
India’s second-largest steelmaker, Tata Steel, saw its revenue for the 2026 fiscal year beat street expectations, driven by strong volumes and higher steel prices.
2 mins
May 16, 2026
Mint Chennai
April exports rise 14%; trade deficit widens to $28.38 bn
Merchandise exports were at $43.56 billion last month, up from $38.28 billion a year earlier
3 mins
May 16, 2026
Mint Chennai
Jio widens feature phone strategy after Trai directive
Telecom firm Reliance Jio has opened its low-cost 4G feature phone plans to rival devices after the Telecom Regulatory Authority of India (Trai) flagged device-specific tariffs as ‘discriminatory’, said people aware of the matter and changes seen on the company’s website.
2 mins
May 16, 2026
Mint Chennai
SIA says Pak airspace curb hit Air India most
Singapore Airlines (SIA) chief executive Goh Choon Phong said Air India's inability to use Pakistan airspace for over a year put the airline at a disadvantage against foreign carriers.
1 min
May 16, 2026
Mint Chennai
Centre plans 500 tribal homestays to boost tourism
The Centre plans to convert remote forest villages into tourist destinations by building 500 tribal-run homestays in FY27, as India seeks to spread the economic benefits of the travel market, two officials aware of the matter said.
2 mins
May 16, 2026
Mint Chennai
The world is burning through its oil safety net
An underappreciated surplus of crude oil, sloshing around storage tanks and aboard ships, cushioned the global economy when the Persian Gulf closed 2 months ago.
4 mins
May 16, 2026
Mint Chennai
US SEC, Adani pact doesn't end DoJ probe
The US market regulator’s $18-million settlement of a civil case against Gautam Adani and his nephew Sagar Adani has no immediate bearing on a parallel criminal investigation initiated against them by the US Department of Justice (DoJ).
1 min
May 16, 2026
Mint Chennai
Diesel price rise likely to hit farm sector
The latest fuel price increase is expected to raise cultivation and transportation costs across the farm sector ahead of the crucial kharif sowing season, potentially adding fresh pressure on food inflation in the coming months, according to farmers, economists and agriculture experts.
1 mins
May 16, 2026
Mint Chennai
A century of wonders with David Attenborough
Attenborough has taken us to places we could barely imagine, and made us understand that our backyards and those wild places are all connected
5 mins
May 16, 2026
Mint Chennai
THE MANGROVE PROTECTORS
Women are leading conservation efforts by restoring fragile mangrove ecosystems and promoting sustainable livelihoods in the wetlands
9 mins
May 16, 2026
Listen
Translate
Change font size