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TITAGARH WAGONS Gains 6%; BSE CAPITAL GOODS Index Down 0.2%
Wed, 23 Oct 10:41

TITAGARH WAGONS Gains 6%; BSE CAPITAL GOODS Index Down 0.2%Image source: Kameleon007 /www.istockphoto.com

TITAGARH WAGONS share price has zoomed 6% and is presently trading at Rs 1,152.5.

Meanwhile, the BSE CAPITAL GOODS index is at 68,547.2 (down 0.2%).

Among the top gainers in the BSE CAPITAL GOODS index today are GMR Infra (up 2.2%) and Graphite India (up 1.3%).

Thermax (down 2.1%) and SCHAEFFLER INDIA (down 1.5%) are among the top losers today.

Over the last one year, TITAGARH WAGONS has moved up from Rs 769.0 to Rs 1,152.5, registering a gain of Rs 383.5 (up 49.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 46,119.3 to 68,547.2, registering a gain of 48.6% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 131.2%), Siemens (up 110.9%) and Bharat Electronics (up 105.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,363.4 (up 0.2%).

The top gainers among the BSE Sensex today are Bajaj Finance (up 5.5%) and Bajaj Finserv (up 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,532.7 (up 0.3%). Bajaj Finance and Bajaj Auto are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,571.9 to 80,363.4, registering a gain of 15,791.5 points (up 24.5%).

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 51.6.


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