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TITAGARH WAGONS Gains 7%; BSE CAPITAL GOODS Index Down 0.0%
Wed, 26 Jun 14:52

TITAGARH WAGONS Gains 7%; BSE CAPITAL GOODS Index Down 0.0%Image source: phive2015/www.istockphoto.com

TITAGARH WAGONS share price has zoomed 7% and is presently trading at Rs 1,724.2.

Meanwhile, the BSE CAPITAL GOODS index is at 72,680.2 .

Among the top gainers in the BSE CAPITAL GOODS index today are GMR Infra (up 4.1%) and V GUARD IND. (up 2.7%).

Bharat Forge (down 1.6%) and SCHAEFFLER INDIA (down 1.6%) are among the top losers today.

Over the last one year, TITAGARH WAGONS has moved up from Rs 487.3 to Rs 1,724.2, registering a gain of Rs 1,237.0 (up 253.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 39,563.3 to 72,680.2, registering a gain of 83.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 251.5%), HINDUSTAN AERO. (up 186.0%) and Bharat Electronics (up 151.9%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 78,672.7 (up 0.8%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 4.0%) and Reliance Ind. (up 3.6%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..

In the meantime, NSE Nifty is at 23,874.9 (up 0.7%). Reliance Ind. and Bharti Airtel are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 62,970.0 to 78,672.7, registering a gain of 15,702.7 points (up 24.9%).

TITAGARH WAGONS Financial Update...

TITAGARH WAGONS net profit grew 61.2% YoY to Rs 833 million for the quarter ended March 2024, compared to a profit of Rs 517 million a year ago. Net sales rose 8.0% to Rs 10,524 million during the period as against Rs 9,742 million in January-March 2023.

For the year ended March 2023, TITAGARH WAGONS reported 73.1% increase in net profit to Rs 1,346 million compared to net profit of Rs 778 million during FY22. Revenue of the company grew 89.4% to Rs 27,796 million during FY23.

The current Price to earnings ratio of TITAGARH WAGONS, based on rolling 12 month earnings, stands at 79.8.


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