# Shares of Titan Company plunged as much as 8.02 per cent to hit an intraday low of Rs 4,151.40 in early trade.

*business · news · 2026-05-11 · Lokmat Times*

## Key points

- Jewellery stocks like Titan, Kalyan Jewellers, and Senco Gold dropped sharply after PM Modi's appeal.
- PM Modi urged citizens to defer non-essential gold purchases for one year to conserve forex reserves.
- Shares of Sky Gold fell over 12 percent, making it among the worst-hit jewellery counters.
- The Prime Minister also called for reviving work-from-home practices and reducing overseas travel.

**Companies:** Titan Company, Kalyan Jewellers India, PN Gadgil Jewellers, Rajesh Exports, Sky Gold and Diamonds, BlueStone Jewellery and Lifestyle, Senco Gold
**Countries:** India

[Read the full story on Lokmat Times](https://www.lokmattimes.com/business/titan-kalyan-jewellers-other-gold-linked-stocks-plunge-up-to-12-pc-after-pm-modis-appeal/)

---

Canonical: https://newsio.io/n/5ea57198-a4c5-4025-9670-eccaaa94ba7e/shares-of-titan-company-plunged-as-much-as-8-02-per-cent-to-hit-an-intraday-low
Summarized by Newsio from Lokmat Times. https://newsio.io/how-it-works