Hot Pursuit     24-Jul-18
Titagarh Wagons hits the roof
Titagarh Wagons hit an upper circuit limit of 20% at Rs 86.55 at 12:03 IST on BSE on bargain hunting after a recent slump.
Meanwhile, the S&P BSE Sensex was up 148.62 points, or 0.40% to 36,867.22.

On the BSE, 2.52 lakh shares were traded in the counter so far compared with average daily volumes of 60,000 shares in the past two weeks. The stock had hit a high of Rs 86.55 and a low of Rs 72.70 so far during the day. The stock hit a record high of Rs 189.50 on 1 December 2017. The stock hit a 52-week low of Rs 71.35 on 23 July 2018.

Shares of Titagarh Wagons slumped 22% in 11 trading sessions to settle at Rs 72.15 yesterday, 23 July 2018, from its close of Rs 92.50 on 6 July 2018.

On a consolidated basis, Titagarh Wagons reported net loss of Rs 100.32 crore in Q4 March 2018 as against net profit of Rs 11.99 crore in Q4 March 2017. Net sales declined 53.78% to Rs 301.41 crore in Q4 March 2018 over Q4 March 2017.

Titagarh Wagons caters to passenger rolling stock including double decker and single deck commuter trains, metros, trams. It designs and manufactures wagons such as container flats, grain hoppers, cement wagons, clinker wagons, tank wagon. It also manufacturers cast steel bogies and couplers for freight application.

Previous News
  Titagarh Wagons announces change in directorate of subsidiary
 ( Corporate News - 01-Jan-21   15:42 )
  Titagarh Rail Systems consolidated net profit rises 129.86% in the December 2023 quarter
 ( Results - Announcements 03-Feb-24   07:37 )
  Board of Titagarh Wagons approves preferential issue of up to 76 lakh shares
 ( Corporate News - 10-Jun-23   18:11 )
  Titagarh Wagons to pay interim dividend for FY 2016
 ( Market Beat - Reports 17-Mar-16   18:36 )
  Titagarh Wagons revises board meeting date
 ( Corporate News - 11-Nov-22   11:36 )
  Board of Titagarh Wagons recommends final dividend
 ( Corporate News - 25-May-23   15:49 )
  Titagarh Wagons standalone net profit declines 33.33% in the June 2018 quarter
 ( Results - Announcements 11-Aug-18   12:39 )
  Titagarh Rail bags order worth Rs 1,909 crore
 ( Hot Pursuit - 08-Mar-24   14:50 )
  Titagarh Wagons announces change in directorate of subsidiary
 ( Corporate News - 09-Jun-18   16:29 )
  Titagarh Wagons reports standalone net loss of Rs 10.25 crore in the September 2014 quarter
 ( Results - Announcements 10-Nov-14   12:36 )
  Titagarh Wagons to hold board meeting
 ( Corporate News - 20-May-14   12:47 )
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