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Titagarh Rail Systems Ltd (TITAGARH)

₹772.91.32%

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Overview
Fundamentals
Q1 '23 Results
Technicals
News and Events

Overview of Titagarh Rail Systems Ltd

Key events for Titagarh Rail Systems Ltd

  • Titagarh Rail Systems CEO's Total Compensation Similar to Industry Average - 23 Sep, 2023

    Titagarh Rail Systems' CEO Umesh Chowdhary earns a total compensation of ₹25.7m, similar to the industry average. The company has seen significant growth in revenue and earnings per share over the past year.

  • Titagarh Rail Systems' ROE Impressive - 18 Sep, 2023

    Titagarh Rail Systems Ltd's ROE is impressive, with a significant 66% net income growth seen over the past five years. Other factors at play could be high earnings retention or efficient management.

  • Titagarh Rail Plans Capacity Expansion; HSBC Recommends Buy - 15 Sep, 2023

    Titagarh Rail Systems Ltd plans to expand its operating capacity while HSBC has recommended a Buy with a price target of Rs 900 due to strong demand for railway wagons from the private sector.

  • Titagarh Rail Systems Sees Profit Booking After Hitting New Highs - 14 Sep, 2023

    Titagarh Rail Systems' stock witnesses profit booking after hitting a new lifetime high and is now trading lower than its one-year high. The company was also included in the FTSE All Cap Index.

  • Titagarh Rail Systems Stock Volatile Amid Railway Sector Turmoil - 13 Sep, 2023

    Titagarh Rail Systems' stock has been volatile amid turmoil in the railway sector, with shares surging earlier in the week before plummeting alongside other PSU rail stocks.

  • Titagarh Rail Systems Shares Rise on Positive Outlook - 11 Sep, 2023

    Titagarh Rail Systems Ltd's shares rose by up to 14% due to a positive outlook following the announcement of a multinational rail and port deal connecting the Middle East and South Asia.

  • Titagarh Rail Systems Stock Rises by 2.54% - 08 Sep, 2023

    The stock of Titagarh Rail Systems Ltd has risen by 2.54% to reach a value of Rs 809.95.

  • Titagarh Rail Systems Shares Surge Along with Other Railway Stocks - 05 Sep, 2023

    Titagarh Rail Systems Ltd's shares have surged up to 24% in the past one week along with other railway stocks like RVNL, Jupiter Wagons, Texmaco Rail and Engineering, IRCTC, Railtel Corporation of India and RITES.

  • Titagarh Rail Systems: Stock Hits 52-Week Low, Wins Contract From Gujarat Metro Rail Corp. - 31 Aug, 2023

    Titagarh Rail Systems' shares hit a 52-week low but ended higher after winning a Rs 350-crore contract from Gujarat Metro Rail Corporation. Market experts suggest booking profits due to bearish signals on the daily charts.

  • Titagarh Rail Systems Bags Contract from Gujarat Metro Rail Corp - 30 Aug, 2023

    Titagarh Rail Systems Ltd receives a letter of acceptance for a Rs 350-crore contract from Gujarat Metro Rail Corporation. The company also reported a 110.87% YoY surge in revenue from operations at Rs 911 crore in the June quarter.

  • Market Expert Advises Caution on Titagarh Rail Systems Stock - 29 Aug, 2023

    Investors should wait for a meaningful decline before entering the stock, according to market expert. Those already holding can remain long with an upside target of Rs 820-850.

  • Titagarh Rail Systems in Focus Amid Railway Infrastructure Development - 28 Aug, 2023

    ZeeBiz analyst Nahar suggests that Titagarh Rail System's stock will remain in focus amid the development of railway infrastructure.

  • Titagarh Rail Systems Shares Hit All-Time High - 25 Aug, 2023

    Shares of Titagarh Rail Systems Ltd hit an all-time high of Rs 827.95 on BSE, rallying 21% in the last five trading sessions due to government's focus on infrastructure.

  • Titagarh Rail Systems Shares Hit All-Time High - 24 Aug, 2023

    Shares of Titagarh Rail Systems hit an all-time high, rising 12.68% to Rs 813 on BSE today. The stock has delivered over 1,500% returns in the last three years and is trading higher than its moving averages. Analysts predict strong growth for the company with expansion projects worth Rs 32,000 crore approved by the Union cabinet. Antique Stock Broking expects earnings CAGR of 53% over FY23-26 and average RoE of over 25%. Titagarh Rail Systems plans to invest Rs 600 crore over the next three years.

  • Titagarh Rail Systems Consortium Wins Trainset Contract - 23 Aug, 2023

    Titagarh Rail Systems Limited is part of a consortium that has won an 80 trainset contract for Rs 1.20 billion per trainset. Individual investors hold significant control over the company.

  • Titagarh Rail Systems Stock Jumps Nearly 7% - 21 Aug, 2023

    Shares of Titagarh Rail Systems rose by 6.89% to hit a day high price of Rs 680, just 2.70% away from its 52-week high of Rs 698.90. The stock has zoomed around 199% in 2023 so far and 355% in the past one year. Market experts are bullish on the counter with near-term targets ranging from Rs 715-765.

  • Titagarh Rail Systems Stock Doubles Investor Wealth - 09 Aug, 2023

    Titagarh Rail Systems Ltd's stock has more than doubled investor wealth in the current financial year due to robust order book visibility and government's capex plans.

  • Titagarh Rail to Deliver Coaches for Bengaluru's Metro Corridor - 31 Jul, 2023

    Titagarh Rail Systems Ltd will manufacture and deliver 216 coaches for the Bengaluru Metro Rail Corporation Limited (BMRCL) by March 2025, with the first two prototypes arriving from China in September 2023.

  • Infrastructure Spend Boosts Companies Including Titagarh Rail Systems - 28 Jul, 2023

    Companies such as Titagarh Wagons, Mazagon Dock, L&T, Bharat Electronics and power finance companies have benefited from government infrastructure spend.

  • Titagarh Rail Systems' Quarterly Revenues Expected to Stabilize at Rs 900 Crore - 25 Jul, 2023

    Titagarh Rail Systems' CEO, Umesh Chowdhury, stated that the company's quarterly revenues should stabilize around Rs 900 crore. The stock hit a fresh record high on Monday as foreign investors show interest in the rail story.

Analyst Rating

based on 4 analysts

BUY
100.00%
Buy
0.00%
Hold
0.00%
Sell

Based on 4 analysts offering long term price targets for Titagarh Rail Systems Ltd. An average target of ₹785.25

Source: S&P Global Market Intelligence

Titagarh Rail Systems Ltd Performance

  • ₹762.05
    ₹787.25
    ₹772.9
    downward going graph

    1.40%

    Downside

    Day's Volatility:3.26%

    Upside

    1.86%

    downward going graph
  • ₹135.8
    ₹867.7
    ₹772.9
    downward going graph

    82.43%

    Downside

    52 Weeks Volatility:94.70%

    Upside

    12.27%

    downward going graph
1 Month Return7.04 %
3 Month Return64.59 %
1 Year Return414.07 %
Previous Close₹783.25
Open₹783.25
Volume8.33L
Market Cap₹9,960.68Cr

Titagarh Rail Systems Ltd 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: ₹772.90 per share as on 22 Sep, 2023 04:01 PM
Market Capitalisation: ₹9,960.68Cr as of today
Revenue: ₹981.44Cr as on March 2023 (Q1 23)
Net Profit: ₹48.24Cr as on March 2023 (Q1 23)
Listing date: 21 Apr, 2008
Chairperson Name: J P Chowdhary
OrganisationTitagarh Rail Systems Ltd
HeadquartersKolkata
IndustryCapital Goods-Non Electrical Equipment
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Fundamentals of Titagarh Rail Systems Ltd

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

    Best in 3 Years
    img

    In the last 3 years, TITAGARH has outperformed top 5 stocks with highest market-cap in Heavy Machinery & Vehicles

  • imgPOSITIVE IMPACT

    MF Holding Up
    img

    Mutual Funds have increased holdings from 6.44% to 8.28% in Jun 2023 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year
    img

    In the last 1 year, TITAGARH has outperformed top 5 stocks with highest market-cap in Heavy Machinery & Vehicles

  • imgPOSITIVE IMPACT

    FII Holding Up
    img

    Foreign Institutions have increased holdings from 6.07% to 7.05% in Jun 2023 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich
    img

    Revenue is up for the last 7 quarters, 348.51 Cr → 981.44 Cr (in ₹), with an average increase of 15.4% per quarter

  • imgPOSITIVE IMPACT

    Price Rise
    img

    In the last 3 years, TITAGARH stock has moved up by 1839.5%

  • imgPOSITIVE IMPACT

    Profit Spike
    img

    Netprofit is up for the last 2 quarters, 32.55 Cr → 48.24 Cr (in ₹), with an average increase of 32.5% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down
    img

    Retail Investor have decreased holdings from 39.49% to 35.44% in Jun 2023 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down
    img

    Promoters have decreased holdings from 47.83% to 47.82% in Jun 2023 quarter

Titagarh Rail Systems Ltd Valuation

Titagarh Rail Systems Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-3785.00x)

April 20, 2022

Industry (41.80x)

September 22, 2023

Today (48.40x)

September 22, 2023

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 Option0.81%
Canara Robeco Small Cap Fund Direct GrowthCanara Robeco Small Cap Fund Direct Growth1.97%
HDFC Large and Mid Cap Fund Direct GrowthHDFC Large and Mid Cap Fund Direct Growth0.72%
Mahindra Manulife Multi Cap Fund Direct Plan GrowthMahindra Manulife Multi Cap Fund Direct Plan Growth3%
Bandhan Flexi Cap Fund-Direct Plan-GrowthBandhan Flexi Cap Fund-Direct Plan-Growth0.79%

Titagarh Rail Systems Ltd Shareholding Pattern

InvestorsHoldings %Prev. 2 periods3M change
Promoter Holdings
47.82%
0.00
Foreign Institutions
7.05%
16.14
Mutual Funds
8.28%
28.58
Retail Investors
35.44%
-10.27
Others
1.42%
690.46

Technicals of Titagarh Rail Systems Ltd

News & Events of Titagarh Rail Systems Ltd

Frequently Asked Questions

Titagarh Rail Systems Ltd (TITAGARH) share price today is ₹772.9

  • Today’s highest price of Titagarh Rail Systems Ltd is ₹787.25.
  • Today’s lowest price of Titagarh Rail Systems Ltd is ₹762.05.

Today’s traded volume of Titagarh Rail Systems Ltd(TITAGARH) is 8.33L.

Today’s market capitalisation of Titagarh Rail Systems Ltd(TITAGARH) is ₹9960.68Cr.

Titagarh Rail Systems Ltd(TITAGARHPrice
52 Week High
₹867.7
52 Week Low
₹135.8

Titagarh Rail Systems Ltd(TITAGARH) share price is ₹772.9. It is down -10.93% from its 52 Week High price of ₹867.7

Titagarh Rail Systems Ltd(TITAGARH) share price is ₹772.9. It is up 469.15% from its 52 Week Low price of ₹135.8

Titagarh Rail Systems Ltd(TITAGARHReturns
1 Day Returns
-10.35%
1 Month Returns
7.04%
3 Month Returns
64.59%
1 Year Returns
414.07%