New Delhi, Nov. 4 -- Shares of Titan, Tata Group's jewelry-to-eyewear brand, gained nearly 3% in Tuesday's trade, November 4, hitting a one-year high of Rs.3,823 apiece, as investors reacted positively to the company's September quarter performance, which was released post-market hours on Monday, coming in line with Street estimates.

The company reported a strong 59% year-on-year (YoY) jump in consolidated net profit to Rs.1,120 crore, beating analysts' estimates, driven by healthy growth across segments. The company's consolidated revenue from operations during the reporting quarter stood at Rs.16,649 crore, up 22% from Rs.13,661 crore in the same period last year.

The jewellery segment, which accounts for over 80% of the company's rev...