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TITAGARH WAGONS Plunges 5%; BSE CAPITAL GOODS Index Down 2.0%
Thu, 18 Jul 15:12

TITAGARH WAGONS Plunges 5%; BSE CAPITAL GOODS Index Down 2.0%Image source: CreativaImages/www.istockphoto.com

TITAGARH WAGONS share price has plunged 5% and is presently trading at Rs 1,618.5.

Meanwhile, the BSE CAPITAL GOODS index is at 72,997.5 (down 2.0%).

Among the top losers in the BSE CAPITAL GOODS index today are HINDUSTAN AERO. (down 5.8%) and Finolex Cables (down 5.2%).

L&T (up 0.6%) is among the top gainers today.

Over the last one year, TITAGARH WAGONS has moved up from Rs 544.0 to Rs 1,618.5, registering a gain of Rs 1,074.6 (up 197.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 41,426.7 to 72,997.5, registering a gain of 76.2% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 231.7%), HINDUSTAN AERO. (up 163.1%) and Bharat Electronics (up 147.2%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,376.4 (up 0.8%).

The top gainers among the BSE Sensex today are TCS (up 3.3%) and Bajaj Finserv (up 2.6%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,796.9 (up 0.8%). TCS and LTIMINDTREE are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,589.9 to 81,376.4, registering a gain of 14,786.4 points (up 22.2%).

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 74.9.


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