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4000 Railway Coaches Order; 1909 Crore Value; First Share Target ₹1000, Second ₹1200

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Titagarh Rail Systems Ltd (NSE: TITAGARH): There’s been a dramatic increase in shares of the railway business Titagarh Rail Systems. 

A company placed an order for 4463 BOSM wagons. Titagarh Rail Systems received this order for Rs 1909 crore. The company received the request directly from the Railway Board.

Company’s Shares Jumped By 290% In A Single Year

There has been an incredible increase in stocks of Titagarh Rail Systems in the past year. 

The shares of Titagarh Rail Systems have risen by more than 87.42 percent over the past year. 

Shares of this railway company stood at 238.45 at the time of its March 13, 2023. Its shares may be at 968.20 at the end of March 2024.  Experts has set First Share Target ₹1000, Second ₹1200.

In the same way, in the last three years, shares from Titagarh Railway have increased by approximately 1750 percent. 

Shares of this railway company was worth Rs 50.40 at the time of March 12, 2021. Shares of the company closed at 876 the 12th of March 2024. 

The 52-week high of share of the company is 1249 Rupees. However, the 52-week low for Titagarh Railway shares is Rs 231.75.

Buy And Hold Stakes In An Italian-based Company

Titagarh Rail Systems has recently announced that its JV special use vehicle Shivalix Mercantile Private Limited has acquired an additional 28.23 percent stake in Italy-based Firema. 

The stake was purchased for approximately the sum of 180.33 crore. This acquisition aims to expand the capacity of Titagarh Railways for various products in India and the global market. 

Titagarh Railways received an order for Rs 170 crore from the Defense Ministry on 17 February 2024 to supply 250 wagons that are specially designed.

About Titagarh Rail Systems Ltd Company

Titagarh Rail Systems Ltd manufactures and distributes railroad wagons. This includes Freight Wagons and Passenger Coaches. 

It also includes Metro Trains and Train Electricals. It is a leading provider of comprehensive mobile solutions. 

The company specializes in creating cutting-edge transport solutions such as semi-high-speed rails, urban metros, and passenger coaches. 

They also produce propulsion equipment and a variety of wagons. The group is active in India and other parts of the world. 

The company manufactures foundry products such as bogies and couplers as well as big gears up to 4 meters in diameter. 

It also produces automotive and mining castings. The company was founded in 1997 in Kolkata.

Fundamental Analysis of Titagarh Rail Systems Ltd

Market Cap₹ 11,838 Cr.
Current Price₹ 876
52-wk High₹ 1,248.90
52-wk Low₹ 228
Stock P/E42.41
Book Value₹ 103
Dividend0.05 %
ROCE17.6 %
ROE13.9 %
Face Value₹ 2.00
P/B Value8.45
OPM11.2 %
EPS₹ 20.3
Debt₹ 362 Cr.
Debt to Equity0.26

Titagarh Rail Systems Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 1300₹ 1800
2025₹ 2100₹ 2300
2026₹ 2400₹ 2500
2027₹ 2700₹ 2770
2028₹ 2800₹ 2856
2029₹ 2900₹ 3000
2030₹ 3100₹ 3245
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Titagarh Rail Systems Ltd Shareholding Pattern

Promoters Holding
Dec 202247.82%
Mar 202347.82%
June 202347.82%
Sept 202344.97%
Dec 202342.47%
FII Holding
Dec 20225.27%
Mar 20236.07%
June 20237.05%
Sept 202316.85%
Dec 202320.04%
DII Holding
Dec 20226.78%
Mar 20236.61%
June 20239.68%
Sept 202310.45%
Dec 202312.27%
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Govt. Holding
Dec 20220.01%
Mar 20230.01%
June 20230.01%
Sept 20230.01%
Dec 20230.01%
Public Holding
Dec 202240.10%
Mar 202339.48%
June 202335.43%
Sept 202327.73%
Dec 202325.22%

Titagarh Rail Systems Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 1,559 Cr
2020₹ 1,766 Cr
2021₹ 1,521 Cr
2022₹ 1,468 Cr
2023₹ 3,775 Cr
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Last 5 Years’ Net Profit:

2019₹ -23 Cr
2020₹ -36 Cr
2021₹ -19 Cr
2022₹ -1 Cr
2023₹ 255 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20191.07
20200.95
20211
20221.02
20230.26

Last 10 Years’ Profit Growth:

10 Years:19%
5 Years:24%
3 Years:76%
Current Year:135%

Last 10 years’ Return on Equity (ROE):

10 Years:-1%
5 Years:1%
3 Years:4%
Last Year:14%

Sales Growth Over 10 Years:

10 Years:14%
5 Years:17%
3 Years:16%
Current Year:69%

Conclusion

This article is a complete guide about Titagarh Rail Systems Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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