TITAGARH WAGONS share price has zoomed 3% and is presently trading at Rs 1,160.2.
Meanwhile, the BSE CAPITAL GOODS index is at 70,589.4 (down 0.2%).
Among the top gainers in the BSE CAPITAL GOODS index today are GMR Infra (up 1.8%) and ADANI GREEN ENERGY (up 0.9%).
V GUARD IND. (down 2.3%) and Honeywell Automation (down 1.4%) are among the top losers today.
Over the last one year, TITAGARH WAGONS has moved up from Rs 770.7 to Rs 1,160.2, registering a gain of Rs 389.5 (up 50.5%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 48,209.1 to 70,589.4, registering a gain of 46.4% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 118.9%), Siemens (up 105.2%) and BHEL (up 105.0%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 82,413.6 (down 0.1%).
The top losers among the BSE Sensex today are Bajaj Finance (down 1.6%) and NTPC (down 1.1%). The most traded stocks in the BSE Sensex are Axis Bank and Tata Steel.
In the meantime, NSE Nifty is at 25,213.7 (down 0.1%). BPCL and IOC are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 82,413.6, registering a gain of 16,901.5 points (up 25.8%).
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 2024, TITAGARH WAGONS reported 114.2% increase in net profit to Rs 2,884 million compared to net profit of Rs 1,346 million during FY23. Revenue of the company grew 38.6% to Rs 38,533 million during FY24.
The current Price to earnings ratio of TITAGARH WAGONS, based on rolling 12 month earnings, stands at 52.0.
Equitymaster requests your view! Post a comment on "TITAGARH WAGONS Gains 3%; BSE CAPITAL GOODS Index Down 0.2%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!