CARATLANE
Akshaya Tritiya sees 30% volume drop in gold buying amid price spike
Gold demand during Akshaya Tritiya dropped about 30% in volume as prices, up nearly 60% year-on-year, deterred large purchases. Buyers stayed within budgets, shifting to lighter jewellery, small coins and exchange-led buying, while millennials preferred solitaires in the ₹75,000–2.5 lakh range.
Digital gold offers on Akshaya Tritiya 2026: Check offers on Paytm, PhonePe, JioFinance; how to buy gold from home
Akshaya Tritiya 202: Akshaya Tritiya on April 19, 2026, sees a surge in digital gold purchases. Platforms like PhonePe, JioFinance, and Paytm offer convenient ways to invest in 24K gold, bypassing crowded stores and storage concerns. These apps allow easy buying, selling, and even physical gold delivery options.
Titan shares rally on strong Q4 jewellery biz growth
Titan Company shares surged to a record high on Wednesday. This jump followed a strong business update for the March quarter. The jewellery division saw significant growth, driven by Tanishq and Mia. Buyer growth improved, and higher average ticket sizes boosted revenue. The watches division also reported growth, particularly in analogue watches.
Amid elevated gold prices, Titan logs 46% revenue growth in Q4; jewellery sales rise 52%
Titan Co Ltd reported a strong 46 percent revenue growth in the March quarter of FY26. The jewellery division, a major contributor, saw significant year-on-year expansion. This marks the second consecutive quarter of robust growth for the Tata Group firm.
Titan shares soar 6% after better-than-expected Q4 business update. Should you buy?
Titan Company shares surged 6% after reporting a 42% YoY jump in domestic business and a 156% YoY surge in international business for Q4 FY26. The company's overall consumer business saw a 46% YoY increase, driven by a robust 46% growth in its jewellery segment, exceeding estimates.
IPL 2026 opening weekend reach crosses 515 million across platforms
JioStar has launched the IPL 2026 season with its most significant opening weekend ever. The tournament saw record viewership and engagement on both television and digital platforms. Over 515 million viewers tuned in, with watch-time increasing by 26%. Connected TV experienced substantial growth. Differentiated viewing experiences, including expert analysis, are enhancing fan immersion.
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5 stocks from different sectors with score improvement and upside potential of up to 33% in one year, according to analysts
While today’s market is surely pricing in the fresh developments in the Gulf region, also remember it is, in some senses, the last day of the current financial year. That is the reason why sectors like banks – which are still sitting with gains despite all the corrections – are witnessing strong cuts thanks to profit-booking. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
CaratLane eyes retail expansion with 40 new stores in FY27
Jewellery brand CaratLane is set to expand its retail footprint by opening 40 new stores in the upcoming financial year. The company plans to own 10 percent of these new outlets. Expansion efforts will primarily target the northern, eastern, and southern regions of India.
Rural commerce startup Rozana bags $30 million; valuation nears $200 million
Rural commerce startup Rozana, which has built an omnichannel retail network spanning 21,000 villages in Uttar Pradesh and Haryana, has raised $30 million (Rs 275 crore) in a new funding round led by existing investors Bertelsmann India Investments, and Fireside Ventures, cofounder and CEO Ankur Dahiya told ET.
Online betting ban and GST relief boost demand: Titan MD Ajoy Chawla
Titan MD Ajoy Chawla attributes bolstered consumer demand to the online betting ban, GST rationalization, income tax slab relaxation, and increased infrastructure investment. He noted that while gold buying volumes in terms of customers remain flat, grammage has seen a decline, mirroring industry trends.
Young India shifts to solitaires as prices decline 30%
Solitaire diamond rings are seeing a surge in demand among Indians aged 28-40, with sales rising 25-35% year-on-year following a 30% price drop. A 1-carat ring now costs ₹5-5.5 lakh, down from ₹7-8 lakh, making diamond-heavy, low-gold jewellery more appealing amid high gold prices. Millennials are driving growth, with engagements as the primary purchase but self-buys and milestone-driven purchases also rising. Lower entry barriers and a preference for accessible, meaningful jewellery, including 9-carat and 14-carat gold, are reshaping consumer behaviour, benefiting jewellers despite elevated gold prices.
Titan says soaring gold prices are curbing customer growth
Titan Co., India's largest jewelry maker, faces reduced customer demand as gold prices reach record highs. Sales growth is now driven by price increases, not more buyers. The company is promoting gold exchange programs and a shift to lower-carat jewelry. Despite lower volumes, Titan reported strong quarterly results, with jewelry sales up 42% during the wedding and festival season.
Titan's strong Q3 growth driven by gold FOMO; jewellery sale ticket sizes grow but buyer numbers stay flat: MD
Titan achieved a strong third quarter. Higher gold prices spurred customers to buy more valuable items. A fear of missing out drove sales during festivals and weddings. Despite flat buyer numbers, ticket sizes grew significantly. Titan's exchange gold strategy also saw a surge. The company outperformed the industry in gold jewellery grammage decline.
Titan Company shares tick 3% higher as Q3 profit jumps 61% YoY
Titan Company shares are in focus after a strong Q3FY26 performance. Robust festive demand fueled growth across segments. Net profit rose 61% year-on-year. The jewellery segment was the main driver, with revenues up 42%. Watches and Wearables also saw strong festive traction. EyeCare delivered steady growth. The company remains focused on brand equity and sustainable growth.
Titan Q3 Results Preview: Profit seen rising 35% YoY despite margin pressures
Titan is expected to deliver a strong Q3FY26 performance, supported by robust festive and wedding demand. Brokerages forecast nearly 29% year-on-year revenue growth and about 35% growth in profit after tax. While the jewellery segment remains the key growth driver, elevated gold prices and an unfavourable product mix are likely to exert pressure on margins.
Titan’s CaratLane to open over 40 new stores as demand rises for low-carat jewellery among young Indians
CaratLane, buoyed by the increasing popularity of lower-carat jewellery among younger Indians, aims to surpass its previous year's revenue growth. The company plans to expand its footprint by opening over 40 new stores, primarily in smaller cities, and venturing into the U.S. and Dubai markets.
CaratLane to turn wholly-owned arm of Titan with purchase of 0.4% stake
As of date, CaratLane is a subsidiary of Titan wherein it holds a 99.64% stake. The completion of the aforesaid share purchase would result in CaratLane becoming a wholly-owned subsidiary of the company.
PhonePe, CaratLane join hands to enable jewellery purchase with digital gold
PhonePe and CaratLane announced their partnership to enable consumers to purchase jewellery by redeeming their accumulated Digital Gold. Consumers can redeem their Digital Gold for a jewellery of their choice at CaratLane and avail up to 7% extra on redemption amount. This strategic alliance aims to revolutionise the way people acquire and gift beautiful everyday jewellery.
Titan gets CCI nod for additional stake purchase in CaratLane
The combination relates to the acquisition of 27.18 per cent share capital of CaratLane (a subsidiary of Titan) by Titan Company Ltd, on a fully diluted basis, from Mithun Padam Sacheti, Siddhartha Padam Sacheti, and Padamchand Sacheti, according to a release
CCI approves Titan’s Rs 4,621 crore stake purchase in CaratLane
In August, Titan had announced that it was buying the stake from CaratLane founder Mithun Sacheti and his family for Rs 4,621 crore in cash.
Tata-owned omnichannel jewellery retailer CaratLane appoints Avnish Anand as chief executive
Anand was previously chief operating officer of the Tata Group-owned CaratLane and has been at the firm for more than 8 years.
CaratLane contests ED notice on alleged FEMA violation
The ED accused CaratLane of violating the Foreign Exchange Management Act (FEMA). The notice served on March 28, 2022, stated that FDI was not allowed in single-brand retail at the time. The notice has not been made public till now.
Titan to buy CaratLane employees’ ESOPs for around Rs 350 crore
The company has around 1,700 employees, and its ESOP pool holds around 1.5% stake. Following the purchase of Sacheti’s 27.18% stake in CaratLane, Titan will hold a 98.28% stake in the company.
No major downside for Titan expected due to CaratLane acquisition: Amnish Aggarwal
Titan already had 71% stake in CaratLane. So, technically, CaratLane was a subsidiary of Titan. Now, as was expected, Titan gradually had intention to increase the stake to, say, 100% and make it a fully owned subsidiary.
Titan picks up 27% more in CaratLane for Rs 4,621 crore
The latest transaction will ascribe a valuation of Rs 17,000 crore to CaratLane. The deal ranks as the second largest exit for an ecommerce founder in India after Flipkart founders Sachin Bansal and Binny Bansal sold their stakes to Walmart.
CaratLane appoints Avnish Anand as Chief Operating Officer
As COO, he will lead CaratLane’s new opportunities by growing the core business, omni-channel strategy and build key partnerships to drive growth. Mr.Anand will play an important role in scaling up both domestic and international business.
CaratLane stops selling on Amazon, Flipkart citing poor jewellery sales on the platforms
Caratlane saw Titan pick up a majority stake in 2016 for Rs 357 crore.
Titan to conclude Caratlane acquisition in a month
Titan Company today said the all-cash acquisition of online jewellery portal Caratlane would be concluded within a month's time.
CaratLane in talks with US-based online stores for acquisition
CaratLane has raised over Rs 300 crore ($50 million) since 2011, mostly from Tiger Global Management, which is invested in Indian start-ups Flipkart and Ola.
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