JP Morgan stays 'overweight' on Titan with ₹5,400 target as Q4 profit jumps 35%
JP Morgan reiterates overweight on Titan citing buyer growth rebound, wedding demand, and studded traction. Q4FY26 net profit rose 35.4% YoY to ₹1,179 cr; revenue surged 80.5% to ₹26,920 cr. Affordability push via 18K/14K and lightweight jewellery supports FY26-28 revenue CAGR of 13% and EPS CAGR of 20%.
JP Morgan maintains 'overweight' on Titan with ₹5,400 target, citing buyer growth rebound, wedding demand, studded traction, and affordability via 18K/14K and lightweight jewellery. Q4FY26 net profit rose 35% to ₹1,179 cr; revenue jumped 80.5%.