Titagarh Wagons Share Price, Bulk Deal: Railway PSU stock hits 52-week high - Details
titagarh wagons share price, bulk deal: railway psu stock hits 52-week high - details
Titagarh share price: Shares of Titagarh Rail Systems have jumped 4.31% on BSE, Thursday, June 27 in the early morning trading session, against the previous day close at Rs 1764 per share. The sharp uptick in the stock came after BlackRock Global Emerging Markets Fund bought over 9.46 lakh shares worth Rs 153.12 crore in the Railway PSU via the block deal. By the time of writing the report, the stocks of Titagarh were trading at Rs 1883.20 per share.
Titagarh Rail Systems is a multibagger stock with returns over 263% returns in the past one year as per BSE analytics.
According to Economic Times report, Rashmi Chowdhary sold over 26.93 lakh shares at a price of Rs 1618 per share with an overall value of Rs 436 crore. She is a promoter of this railway sector company and held over 1.28 crore shares with a stake of 9.52% in the company as of March-ended quarter.
Titagarh FY24 performance
Titagarh's revenue for FY24 stood at Rs 3853 crore. The revenue grew in Q4 FY24 at Rs 1052 crore, against Rs 954.68 crore in Q3 Fy24. The net profit for FY remained at Rs 296.91 crore. The earnings per share for FY stood at Rs 23.30. EPS indicates how much money a company earns on each outstanding stock.
Titagarh market cap
The market cap of Titagarh stands at Rs 25,361 crore as per BSE analytics. The stock has a face value of Rs 2 each. The stock's 52-week movement indicates a high of Rs 1890 and a low of Rs 481.85.
About Titagarh
Titagarh Rail Systems Limited, formerly known as Titagarh Wagons Limited, is an Indian rolling stock manufacturer in the private sector.