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TITAGARH WAGONS Gains 3%; BSE CAPITAL GOODS Index Down 0.2%
Fri, 4 Oct 10:17

TITAGARH WAGONS Gains 3%; BSE CAPITAL GOODS Index Down 0.2%Image source: Sefa Ozel/www.istockphoto.com

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%).

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What About the Benchmark Indices?

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 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 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.


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