In the volatile backdrop of gold prices, Tanishq has released its performance statistics for the nine months ending 31st December 2007. Tanishq is the jewellery division of Titan Industries, which is a prominent watch manufacturing company in India. Sales seemed to tell a rise of 61% to value at Rs.1,496.66 crore ($377.18 million), as stated by The Hindu Business Line. For the specific period of the third quarter, sales were Rs.591.41 crore ($149 million) compared to Rs.366.51 crore ($92.2 million), in the same period a year ago.%%Sale of Tanishq’s mass-market jewellery brand ‘Goldplus’ jumped beyond Rs.100 crore ($25.2 mn) in the said period. The sale of watches increased by 20% for the quarter and none months, valuing at Rs.195.15 crore ($49 mn) and Rs.640.87 crore ($161.5 mn), respectively.