Shares of Titan Company on Friday climbed over 5 per cent after the company said its overall sales grew 18 per cent year-on-year in the September quarter.
The shares jumped 5.27 per cent to settle at `2,730.50 apiece on the BSE. During the day, it rallied 5.80 per cent to `2,744.30.
On the NSE, it climbed 5.29 per cent to end at `2,730.20 apiece.
It was the biggest gainer on both Sensex and Nifty.
The company, which operates in the segments as Jewellery, Watches & Wearables, and EyeCare has witnessed “healthy double-digit growth across most businesses,” according to a quarterly
update.
Titan added 105 stores in its retail network in the second quarter of the current fiscal.
“The company witnessed healthy double-digit growth across most businesses with overall sales growing 18 per cent YoY,” Titan said.