Updated Feb 18, 2026 09:38 IST
Titan Company share price: Global brokerage firm Morgan Stanley has given overweight rating on the shares of Titan Company…
highlights
- Morgan Stanley has maintained overweight rating on Titan and raised the target price to ₹4,529.
- The brokerage has raised revenue, EBITDA and PAT estimates for FY26.
- There is potential for further upside in the stock due to strong jewelery demand and better earnings outlook.
Titan Share Price Target: Global brokerage firm Morgan Stanley is bullish on Titan, the key share of Rekha Jhunjhunwala’s portfolio. The brokerage has maintained its positive view on Titan Company and raised its target price from ₹4,062 to ₹4,529 while maintaining ‘overweight’ rating on the stock. At present, Titan’s shares are trading at around ₹ 4,236, so the new target shows the possibility of further upside.
Confidence in jewelery business, growth outlook better
The brokerage believes that demand in the domestic jewelery segment remains strong and the company’s growth may be better than expected. Morgan Stanley has also made slight changes to its margin estimates, which suggests that the company’s position regarding costs and profitability is being assessed better than before.
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According to the report, revenue, EBITDA and PAT estimates for FY26 have been raised by 12%, 5% and 6%, respectively. Whereas the EPS estimate for FY27-28 has been increased by 2–3%. This means the brokerage expects stable and strong earnings growth for the company in the coming years.
What is the reason for increasing the target?
Morgan Stanley says this increase in target price is due to better near-term earnings and model roll-forward. The brokerage has also revised its bull, base and bear case valuations upward by 9–12%. This clearly shows that Titan’s valuation profile remains strong even in different scenarios.
How has the stock performed?
Titan shares have given returns of about 19% in the last six months, while in one year it has registered a rise of about 31%. The stock’s 52-week high is ₹4,378.40, while its low is ₹2,925.00. The current price is close to its 52-week high, which reflects strong investor confidence.
What signals for investors?
The brokerage’s ‘Overweight’ rating is an indication that Titan could outperform the index or sector. However, it is important to keep valuations and market volatility in mind while investing at current levels. From a long-term perspective, the strong brand, leadership in the jewelery segment and steady earnings growth make Titan a quality play.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.
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