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TITAGARH WAGONS Gains 7%; BSE CAPITAL GOODS Index Up 3.4%
Mon, 25 Nov 9:36

TITAGARH WAGONS Gains 7%; BSE CAPITAL GOODS Index Up 3.4%Image source: Sefa Ozel/www.istockphoto.com

TITAGARH WAGONS share price has zoomed 7% and is presently trading at Rs 1,163.5.

Meanwhile, the BSE CAPITAL GOODS index is at 69,705.4 (up 3.4%).

Among the top gainers in the BSE CAPITAL GOODS index today are Bharat Electronics (up 5.0%) and Siemens (up 4.8%).

Thermax (down 1.3%) is among the top losers today.

Over the last one year, TITAGARH WAGONS has moved up from Rs 999.1 to Rs 1,163.5, registering a gain of Rs 164.4 (up 16.5%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,608.7 to 69,705.4, registering a gain of 43.4% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 106.3%), HINDUSTAN AERO. (up 100.3%) and Siemens (up 100.1%).

Don't Miss: Key Information for Long-term Investors

What About the Benchmark Indices?

The BSE Sensex is at 80,414.4 (up 1.6%).

The top gainers among the BSE Sensex today are L&T (up 3.7%) and M&M (up 3.3%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..

In the meantime, NSE Nifty is at 24,287.0 (up 1.6%). Bharat Electronics and Shriram Transport are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,930.8 to 80,414.4, registering a gain of 14,483.6 points (up 22.0%).

TITAGARH WAGONS Financial Update...

TITAGARH WAGONS net profit grew 20.1% YoY to Rs 851 million for the quarter ended September 2024, compared to a profit of Rs 709 million a year ago. Net sales rose 13.0% to Rs 10,570 million during the period as against Rs 9,355 million in July-September 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 49.8.


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