New Delhi, Aug. 10 -- Shares of Titan, the Tata Group's jewellery-to-eyewear brand, jumped 4% in Monday's trade, 10 August, to reach a fresh all-time high of Rs.5,122 apiece, following the company's upbeat performance in the June quarter.

The rally has also received support from analysts, who have maintained a positive outlook on the company's growth prospects and raised their earnings estimates.

Motilal Oswal remains constructive on growth in the jewellery industry, particularly among the top players, and believes Titan will remain well-positioned competitively, supported by initiatives such as its exchange programme. Apart from industry formalisation, stability in gold prices could further improve margin visibility for Titan.

The bro...