back to top
HomeSHARE MARKETDon't Sell This Railway Share Before ₹1000; New Wagons Supply Order Worth...

Don’t Sell This Railway Share Before ₹1000; New Wagons Supply Order Worth 1909 Crore

RAIL
Hot Stocks Alert Join

Multibagger Railway Stock: Railway giant Titagarh Rail Systems Ltd (NSE: TITAGARH) Systems has received a big work order. In such a situation, the company’s shares will be in focus in the coming week. 

There has been a rapid rise in the share prices of Titagarh Rail Systems in the last year because positional investors have become rich.

What Are The Work Order Details?

In the information given to the stock exchanges on March 7, the company had said that it had received work worth Rs 1909 crore from the Railway Ministry. The company has to supply 4463 wagons. 

Let us tell you, that Titagarh Rail Systems had given dividends to the investors in 2023. Due to this eligible investors got a dividend of 50 paise. Earlier in 2019, the company had received a dividend of 30 paise.

Strong Performance Of The Company In The Stock Market

The price of shares in the company on Thursday was Rs 899.20. During the last year, the company’s share prices have increased 223 percent. 

That means the money of positional investors has more than doubled. However, during the last 6 months, the company’s share prices have risen 13.7 percent.

The 52-week high of the company in BSE is 1249 rupees per share. In comparison, the 52-week low level of the company is Rs 223.30 per share. The market value for the firm is 12,109.87 crore.

About Titagarh Rail Systems Ltd 

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₹ 12,102 Cr.
Current Price₹ 899
52-wk High₹ 1,249 
52-wk Low₹ 228
Stock P/E47.4
Book Value₹ 103
Dividend0.06 %
ROCE17.6 %
ROE13.9 %
Face Value₹ 2.00
P/B Value8.74
OPM11.2 %
EPS₹ 20.3
Debt₹ 362 Cr.
Debt to Equity0.26

Titagarh Rail Systems Ltd 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
Hot Stocks Alert Join

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%
Hot Stocks Alert Join
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 better understand 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
Hot Stocks Alert Join

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

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.

If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We provide timely updates about the stock market and financial products to help you make better investment choices. Do your research before any investment.

BEST FOR YOU

LEAVE A REPLY

Please enter your comment!
Please enter your name here