Titan shares rise over 3% after Q2 FY27 profit more than doubles
In short
Titan shares rose more than 3% after the company said its Q2 FY27 net profit more than doubled to ₹2,393 crore. Revenue also rose 23.54% to ₹20,337 crore.
The company said studded jewellery demand helped results. Traders were also watching news about Noel Tata leaving the board.
What the reporting says
Titan shares rose over 3% after the company reported a more than twofold jump in Q2 FY27 net profit to ₹2,393 crore. Revenue increased 23.54% to ₹20,337 crore, supported by demand for studded jewellery. The stock moved higher on the earnings update, with the market also watching reports around Noel Tata's board exit.
Why it matters
Titan shares gained after the company reported strong Q2 FY27 results, including net profit of ₹2,393 crore and revenue of ₹20,337 crore. The earnings were supported by demand for studded jewellery, and the stock reaction was positive. The source also notes attention around Noel Tata's board exit news, which added to the spotlight on the company.