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TITAGARH WAGONS Gains 7%; BSE CAPITAL GOODS Index Down 1.0%
Fri, 21 Jun 18:58

TITAGARH WAGONS share price has zoomed 7% and is presently trading at Rs 1,584.3.

Meanwhile, the BSE CAPITAL GOODS index is at 71,779.2 (down 1.0%).

Among the top gainers in the BSE CAPITAL GOODS index today are V GUARD IND. (up 3.0%) and SCHAEFFLER INDIA (up 1.3%).

Carborundum Universal (down 3.1%) and TIMKEN INDIA (down 2.8%) are among the top losers today.

Over the last one year, TITAGARH WAGONS has moved up from Rs 483.2 to Rs 1,584.3, registering a gain of Rs 1,101.1 (up 227.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 39,944.1 to 71,779.2, registering a gain of 79.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 235.4%), HINDUSTAN AERO. (up 168.7%) and Bharat Electronics (up 143.6%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 77,209.9 (down 0.4%).

The top losers among the BSE Sensex today are Ultratech Cement (down 2.2%) and L&T (down 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 23,501.1 (down 0.3%). Ultratech Cement and Adani Enterprises are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,327.7 to 77,209.9, registering a gain of 13,882.2 points (up 21.9%).

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 73.3.

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