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Titagarh Rail Systems Ltd (TITAGARH)

₹1483.052.59%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Performance

  • Day's Low

    Day's High

    ₹1,448
    ₹1,548
  • 52 Week's Low

    52 Week's High

    ₹410
    ₹1,594.25
1 Month Return+ 33.3 %
3 Month Return+ 74.99 %
1 Year Return+ 256.37 %
Previous Close₹1,445.65
Open₹1,459.85
Volume66.13L
Upper Circuit-
Lower Circuit-
Market Cap₹19,469.11Cr

Analyst Rating

based on 5 analysts

BUY
100.00%
Buy
0.00%
Hold
0.00%
Sell

Based on 5 analysts offering long term price targets for Titagarh Rail Systems Ltd. An average target of ₹1402.4

Source: S&P Global Market Intelligence

Company Information

Established in 1997, Titagarh Wagons Limited (TWL) is mainly engaged in the manufacture and sale of freight wagons, passenger coaches, metro trains, heavy earthmoving and mining equipment, train electrics, steel castings, specialised equipment, bridges, ships, etc. TWL is the only private company registered with the Ministry of Defence, Government of India to manufacture Bailey bridges and also launched the first wagon special freight train operation (SFTO). TWL launched its initial public offering (IPO) in 2008 with 2,383,768 shares and plans to invest Rs 18.7 crore in an EMU manufacturing unit, Rs 18.84 crore to modernise and expand two existing plants, and Rs 12.93 crore in an axle machining and wheelset assembly facility. In 2016, Titagarh Wagon acquired Firema Trasporti SpA and launched the first weighing 1000 Tonnes fuel barge ship for Indian Navy in 2018. In 2020, it signed a joint venture with Matiere SAS France to set up Matiere Titagarh Bridges Private Limited and transferred its investments in subsidiaries namely Titagarh Firema S.p.A. Italy and Titagarh Singapore Pte Ltd to Titagarh Bridges and International Private Limited. The company launched the first Aluminium Metro train for Pune Metro in 2021 and its first warship vessel for the Indian Coast Guard in 2022. In January 2022, it approved and later sanctioned a draft scheme for amalgamation of Titagarh Bridges and International Private Limited with the Company.

Share Price: ₹1483.05 per share as on 14 Jun, 2024 04:01 PM
Market Capitalisation: ₹19,469.11Cr as of today
Revenue: ₹1,052.41Cr as on March 2024 (Q1 24)
Net Profit: ₹78.95Cr as on March 2024 (Q1 24)
Listing date: 21 Apr, 2008
Chairperson Name: J P Chowdhary
OrganisationTitagarh Rail Systems Ltd
HeadquartersKolkata
IndustryCapital Goods-Non Electrical Equipment
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Key events for Titagarh Rail Systems Ltd

  • Titagarh Rail Systems Begins Production of Trainsets for Bangalore Metro Project - 15 Jun, 2024

    Titagarh Rail Systems has started production of trainsets for the Bangalore Metro Rail Corporation Phase 2 Yellow Line project. The company will manufacture 34 out of 36 trainsets required at its Uttarpara facility, with delivery of the first set expected in August 2024.

  • Titagarh Rail Systems Begins Production of Trainsets for BMRCL Project - 14 Jun, 2024

    Titagarh Rail Systems has started manufacturing 34 train sets for the Bangalore Metro Rail Corporation Ltd's (BMRCL) Phase 2 Yellow Line project under a contract with China Railway Rolling Stock Corporation. The company will produce two trainsets in China, while the rest will be manufactured at its Uttarpara facility. Titagarh stock rose by 2.78% to trade at ₹1,485.90 on the NSE.

  • Titagarh Rail Systems' Share Price Surges on Strong Order Book and Capex Plans - 13 Jun, 2024

    Titagarh Rail Systems' stock price surged by 3.7% as the company's order book stood at Rs. 28,076 crore with a strong inflow expected this year. The company has allocated a total capex of nearly Rs. 1,000 crore for enhancing its capacity and pursuing backward integration initiatives.

  • Titagarh Rail Expects Strong Order Inflow; Stock Price Gains Over 200% - 11 Jun, 2024

    Titagarh Rail Systems is expecting a strong order inflow this year with an order book of Rs 28,000 crore. The company has consistently delivered quarter-on-quarter growth in its net profit, with the latest Q4FY24 standalone PAT standing at Rs 79 crore, up 64% YoY. The stock price has gained over 200% YoY.

  • Titagarh Rail Systems Inaugurates Engineering Center in Bangalore - 06 Jun, 2024

    Titagarh Rail Systems' stock rose 9% after inaugurating an engineering center in Bangalore dedicated to new product development for Train Control & Monitoring Systems and advanced Propulsion Systems. The company has a strong order book of Rs. 14,750 Crores as of March 31, 2024, with revenue from operations growing by 8%. It reported profits of Rs. 78.95 Crores and return ratios of ROE 18.1%, ROCE 24.9%, and debt-to-equity ratio of 0.07.

  • Titagarh Rail Systems Opens Engineering Centre in Bengaluru - 05 Jun, 2024

    Titagarh Rail Systems has opened an engineering centre in Bengaluru to enhance innovation and design for new product development, specifically for train control and monitoring systems (TCMS) and advanced propulsion systems. The centre will play a pivotal role in executing the company's current and upcoming rolling stock and propulsion projects such as Surat and Ahmedabad Metro, Vande Bharat, and ICF EMU/MEMU.

  • Titagarh Rail Systems Reports Robust Earnings Growth - 04 Jun, 2024

    Indian rail manufacturer, Titagarh Rail Systems, reported a 107.3% earnings growth and expects continued expansion at 28.83% annually over the next three years. Revenue also surged by 38.2%, outpacing the market significantly. The company's recent leadership elevation and strategic contracts like the INR 19 billion railway wagon supply deal underscore its aggressive growth trajectory.

  • Railway Stocks Rally Ahead of Expected BJP Victory - 03 Jun, 2024

    Brokerages predict a positive outlook for the economy and capital markets with an expected victory of the BJP, providing stability and continuity in policymaking. Titagarh Rail Systems Ltd may benefit from this trend.

  • Titagarh Rail Systems Hits 52-Week High Amidst Promising Growth Prospects - 30 May, 2024

    Titagarh Rail Systems is showing strong growth potential in India with significant insider ownership, robust revenue growth, and high non-cash earnings levels. Trading volumes surged as Graviton Research Capital traded 0.56% stake in the company.

  • Titagarh Rail Systems Stock Hits New Peak - 29 May, 2024

    Shares of Titagarh Rail Systems surged by almost 13% to reach an all-time high of Rs 1,413.45 on May 29, 2024, despite weak market trends. The company's order book stands at Rs 14,750 crore as of March 31, 2024, providing medium-to-long term revenue visibility based on execution timelines.

  • Titagarh Rail Systems Ltd shows potential for uptrend continuation - 28 May, 2024

    Technical analysis suggests that Titagarh Rail Systems Ltd is in a medium-term uptrend and has formed a Triangle pattern on the hourly chart, indicating a trend continuation. The stock presents a favourable risk-reward ratio at current levels with a target of Rs 1,350 and stop loss at Rs 1,190.

  • Titagarh Rail Systems Reports Strong Q4 Results; Share Price Hits Record Highs - 17 May, 2024

    Titagarh Rail Systems reports a strong Q4 with a net profit rise of 64% YoY and an order book worth Rs 28,100 crore. The company's shares hit a record high of Rs 1,308.95, rallying 18% in the last two sessions.

Insights on Titagarh Rail Systems Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 914.65 Cr → 1.06K Cr (in ₹), with an average increase of 5.0% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 6 quarters, 32.55 Cr → 78.95 Cr (in ₹), with an average increase of 15.6% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, TITAGARH stock has moved up by 33.3%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 10.35% to 10.83% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 25.21% to 26.54% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Jupiter Wagons Ltd has given 2563.1% return, outperforming this stock by 72.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jupiter Wagons Ltd has given 372.0% return, outperforming this stock by 115.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 42.46% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 20.04% to 17.27% in Mar 2024 quarter

Titagarh Rail Systems Ltd Valuation

Titagarh Rail Systems Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-3785.00x)

April 20, 2022

Today (65.13x)

June 14, 2024

Industry (99.64x)

June 14, 2024

Highest (544.09x)

January 15, 2020

LowHigh

Mutual Fund Holdings

Funds Holdings
HDFC Balanced Advantage Fund Direct Plan Growth OptionHDFC Balanced Advantage Fund Direct Plan Growth Option0.84%
Canara Robeco Small Cap Fund Direct GrowthCanara Robeco Small Cap Fund Direct Growth2.49%
Franklin India Smaller Companies Fund Direct GrowthFranklin India Smaller Companies Fund Direct Growth1.45%
Canara Robeco ELSS Tax Saver Direct Plan Growth OptionCanara Robeco ELSS Tax Saver Direct Plan Growth Option1.49%
HSBC Small Cap Fund Fund Direct GrowthHSBC Small Cap Fund Fund Direct Growth0.78%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
42.46%
0.00
Foreign Institutions
17.27%
0.00
Mutual Funds
10.83%
0.00
Retail Investors
26.54%
0.00
Others
2.9%
0.00

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Titagarh Rail Systems Ltd (TITAGARH) share price today is ₹1483.05

Titagarh Rail Systems Ltd is listed on NSE

Titagarh Rail Systems Ltd is listed on BSE

  • Today’s highest price of Titagarh Rail Systems Ltd is ₹1548.
  • Today’s lowest price of Titagarh Rail Systems Ltd is ₹1448.

PE Ratio of Titagarh Rail Systems Ltd is 65.13

PE ratio = Titagarh Rail Systems Ltd Market price per share / Titagarh Rail Systems Ltd Earnings per share

Today’s traded volume of Titagarh Rail Systems Ltd(TITAGARH) is 66.13L.

Today’s market capitalisation of Titagarh Rail Systems Ltd(TITAGARH) is ₹19469.11Cr.

Titagarh Rail Systems Ltd(TITAGARHPrice
52 Week High
₹1594.25
52 Week Low
₹410

Titagarh Rail Systems Ltd(TITAGARH) share price is ₹1483.05. It is down -6.98% from its 52 Week High price of ₹1594.25

Titagarh Rail Systems Ltd(TITAGARH) share price is ₹1483.05. It is up 261.72% from its 52 Week Low price of ₹410

Titagarh Rail Systems Ltd(TITAGARHReturns
1 Day Returns
37.4%
1 Month Returns
33.3%
3 Month Returns
74.99%
1 Year Returns
256.37%