Explained: Why Titan share price jumped 7% after hitting 52-week low
Shares of Titan Company saw a sharp jump on Tuesday, April 8, rising as much as 6.5% during the day’s trade. The recovery in Titan share price came just a day after the stock touched its 52-week low of Rs 2,947.55. In the morning session, Titan shares climbed to a high of Rs 3,222, providing some relief to investors after a tough few months.
This sudden rise in the stock price came after the company, part of the Tata Group, shared a positive business update for the fourth quarter of the financial year 2024-25 (Q4FY25). The company reported strong growth across its key businesses—jewellery, watches, eyewear, and other emerging segments.
Even with Tuesday’s bounce, Titan’s stock is still trading over 16% lower than its all-time high…
