Shares of Titan hit a record high as the company sees top-line growth in high teens in the coming year.

The stock jumped as much as 5.8 per cent to a record high.

The company had said on Tuesday that consumer sentiment and demand scenario recovered by the beginning of Q4 FY16-17.

The company expects gross margin of jewellery division to be good in the current quarter.

Titan said that the company is optimistic of top-line growth in the high teens in the coming year.

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