** India's jewellery and watches maker Titan's TITN.NS consumer businesses posted growth of 41% in Q1, driven by a 39% rise in its core domestic jewellery business and an over two-fold jump in international business

** Shares of Titan rose 3% to 4,618 rupees

STREET VIEW

** Citi ("Buy," PT: 5,075 rupees) says domestic jewellery growth excluding bullion sales came in ahead of its estimates

** BofA Securities ("Buy," PT: 4,830 rupees) says the quarter had started on a "good note" and described the 41% growth as slightly ahead of expectations

** UBS ("Buy," PT: 5,600 rupees) says growth across Tanishq, Mia, Zoya, CaratLane, and international segments beat expectations by a wide margin

** Macquarie ("Outperform," PT: 5,000 rupees) says pickup in buyer growth in the jewellery segment paints a constructive outlook for future quarters

** Bernstein ("Outperform," PT: 5,000 rupees) says the update demonstrated the "strength of the franchise"