Titan's Lab-Grown Diamond Foray Likely Step in Right Direction -- Market Talk

Dow Jones01-08

0547 GMT - Titan's entry into the lab-grown diamond jewelry market under the beYon brand name is likely a step in the right direction, Nomura analysts say in a research report. This entry would address the needs of the LGD-seeking consumer base, which has potential to become sizable over time, as seen in some developed markets, the analysts say. This move also possibly plugs any leakage of customers seeking lab-grown diamonds and widens the Indian lifestyle company's total addressable market, which in turn, could help it in establishing the brand at a nascent stage of category development. Nomura has a buy rating and a target price of INR4,500.00 on Titan. Shares are 0.6% higher at INR4,298.65. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

January 08, 2026 00:47 ET (05:47 GMT)

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