Titan's Q1 profit surged 52.5% YoY on higher gold prices, with revenue up 21% despite concerns over jewellery growth.

• Emkay warns jewellery growth may slow in FY26 due to high gold prices, competition, and a strong prior-year base.
• Ambit sees growth curbed for the rest of FY26, but raises PT to Rs 3,357 from Rs 3,219.
• Antique and AMSEC remain bullish, citing brand strength, premiumisation, and store expansion as long-term growth drivers.