Shares of Titan Company continued to gain after the company outlined its long-term growth roadmap during an investor interaction, reinforcing confidence among analysts and investors. The Tata Group-backed retailer announced plans to double its jewellery business revenue by FY30 compared to FY26 levels and achieve approximately 20% compound annual revenue growth over the period.

The jewellery division, which operates primarily under the Tanishq brand, remains Titan's largest business segment and a key driver of future growth. Management highlighted several growth levers, including aggressive network expansion, deeper penetration into smaller cities, premium product offerings, and continued market share gains from the unorganized jewellery sector.

Following the update, several global brokerages reiterated their positive stance on the stock. CLSA maintained its "Outperform" rating, citing confidence in Titan's ability to sustain industry-leading growth and capitalize on the ongoing formalization of India's jewellery market. HSBC also retained its positive recommendation, highlighting the company's strong brand equity, execution capabilities, and long-term earnings visibility.

Analysts noted that Titan's growth targets appear achievable given the structural tailwinds supporting the organized jewellery industry, including rising consumer preference for trusted brands, increasing disposable incomes, and stricter regulatory oversight that favors organized players.

Brokerages further emphasized that Titan's diversified retail portfolio across jewellery, watches, eyewear, and emerging businesses provides additional avenues for growth. However, jewellery is expected to remain the primary earnings contributor over the medium term.