145% Gain In 3-Months: Mid Cap Engineering Stock Spurts 25% In 4 Trading Sessions

Mid cap stock Titagarh Rail Systems witnessed a rally of 25% in just four trading sessions. Titagarh Rail Systems shares hit 52-week high consecutively in the last three trading sessions beginning from August 22, 2023 to August 24, 2023. Titagarh Rail Systems stock became a multibagger stock in just last 3-months with attractive returns of 145%. Check details below:

1. Titagarh Rail Systems Stock Performance & Return

Last trading price of Titagarh Rail Systems stock is Rs 794.45 apiece with intraday gain of 10.12%. Its 52-week high price is Rs 813% and 52-week low price is Rs 136.45 apiece, respectively. Titagarh Rail Systems has a market capitalisation of Rs 10,103.11 crore. Titagarh Rail Systems shares surged 270% in last 6-months, gained 421% in last 1-year, rallied 751% in last 2-years, and rose 1444% in last 3-years.

2. Titagarh Rail Systems Financials:

The company for the quarter ended June 30, 2023 announced its consolidated total income at Rs 914.65 crore, down 6.78% as against its last quarter total income of Rs 981.20 crore. It declared its recent quarter net profit after tax at Rs 61.78 crore.

3. Titagarh Rail Systems About

Titagarh stretches its global reach and presence through factories in India and Italy. It caters to passenger rolling stock including trains and metros as well. Its product range expands to include electric propulsion equipment such as traction motors and vehicle control systems. Titagarh also designs and manufactures wagons such as container flats, grain hoppers, cement wagons, clinker wagons, and tank wagons, according to its official website.

Disclaimer

The stock witnessed a rally of 25% in four trading session. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.