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TITAGARH WAGONS Plunges 4%; BSE CAPITAL GOODS Index Down 0.1%
Wed, 31 Jul 10:54

TITAGARH WAGONS Plunges 4%; BSE CAPITAL GOODS Index Down 0.1%Image source: Sakorn BernardaSv/www.istockphoto.com

TITAGARH WAGONS share price has plunged 4% and is presently trading at Rs 1,611.1.

Meanwhile, the BSE CAPITAL GOODS index is at 75,400.7 (down 0.1%).

Among the top losers in the BSE CAPITAL GOODS index today are Finolex Cables (down 2.5%) and GRINDWELL NORTON (down 2.4%).

Honeywell Automation (up 2.7%) and GMR Infra (up 2.5%) are among the top gainers today.

Over the last one year, TITAGARH WAGONS has moved up from Rs 651.2 to Rs 1,611.1, registering a gain of Rs 959.9 (up 147.4%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 44,045.9 to 75,400.7, registering a gain of 71.2% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 203.6%), HINDUSTAN AERO. (up 150.8%) and Bharat Electronics (up 142.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,677.8 (up 0.3%).

The top gainers among the BSE Sensex today are Asian Paints (up 2.4%) and NTPC (up 2.0%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,937.8 (up 0.3%). Asian Paints and NTPC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,677.8, registering a gain of 15,150.1 points (up 22.8%).

TITAGARH WAGONS Financial Update...

TITAGARH WAGONS net profit grew 15.4% YoY to Rs 713 million for the quarter ended June 2024, compared to a profit of Rs 618 million a year ago. Net sales declined 0.8% to Rs 9,031 million during the period as against Rs 9,108 million in April-June 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 72.2.


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