Latest news with #TitagarhRailSystems
Time of India
6 days ago
- Business
- Time of India
Buy, Sell or Hold: Nuvama maintains a hold rating on Vodafone Idea & Reduce rating on Bata India post Q4 results
Brokerages have revised their outlook on key companies across telecom, railways, and consumer segments, reflecting mixed performance and macroeconomic headwinds for the next 12 has maintained a 'Hold' rating on Vodafone Idea, trimming the target price to Rs 7.5 from 8.5, citing muted revenue growth, weak subscriber trends, and continued pressure on the balance contrast, Antique remains optimistic on Titagarh Rail Systems,
Time of India
31-05-2025
- Business
- Time of India
Titagarh Rail Systems Q4 results: Net profit declines 18% YoY, revenue down by 4%
Titagarh Rail Systems on Saturday reported a consolidated net profit of Rs 64.45 crore for the quarter ended March 31, 2025, marking an 18.6% year-on-year (YoY) decrease compared to Rs 78.95 crore in the same quarter last year. Meanwhile, the company's revenue from operations stood at Rs 1,005.57 crore in Q4FY25, registering a 4.45% decline from Rs 1,052.41 crore in Q4FY24. However, Titagarh Rail Systems was able to reduce its total expenses during the quarter, which came in at Rs 934.34 crore, down 2.17% YoY from Rs 955.16 crore in the corresponding quarter of the previous fiscal. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo The board of Titagarh Rail Systems has also recommended a dividend of Re 1 per share for its shareholders. Further, on a quarter-on-quarter (QoQ) basis, the standalone net profit rose 13.2% from Rs 68.94 crore in Q3FY25, while the revenue from operations increased 11.2% from Rs 902.18 crore in the December 2024 quarter. Additionally, the total expenses rose 11.7% from Rs 829.56 crore in the previous quarter to Rs 926.41 crore in the March 2025 quarter. Live Events Titagarh Rail systems share price performance Titagarh Rail systems stock has declined 34.33% over the past one year and is down 19.59% on a year-to-date (YTD) basis. Over the last six months, it has registered a 26.05% drop. However, in the near term, the stock has gained 27.87% in the past three months and 19.52% over the last one month. On Friday, the shares of Titagarh Rail systems closed 2.2% lower at Rs 891.60 on the BSE. Also read: Vodafone Idea approves Rs 20,000 cr fundraise plans in a fight for survival ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business Upturn
21-05-2025
- Business
- Business Upturn
Railway stocks steam ahead: Titagarh surges 6%, JWL, BEML, IRFC gain in strong market
By News Desk Published on May 21, 2025, 10:13 IST Railway-linked stocks were in high demand on Tuesday morning, mirroring the upbeat sentiment in the broader markets. As of 10:13 AM, key stocks in the railway and infrastructure space were trading with solid gains. Titagarh Rail Systems led the rally with a 6.28% jump to ₹944.50, followed by Jupiter Wagons (JWL) at ₹405.00, up 3.22%. BEML, a key player in rail and defence equipment, also gained 2.64% to ₹3,649.00. Other notable gainers in the railway segment included: Texmaco Rail (TEXRAIL) : ₹158.36 ( +2.26% ) Indian Railway Finance Corporation (IRFC) : ₹139.13 ( +1.77% ) IRCON International : ₹191.24 ( +1.57% ) IRCTC : ₹793.95 ( +1.04% ) RITES : ₹277.75 ( +0.83% ) RVNL (Rail Vikas Nigam): ₹417.35 (+0.55%) The gains came amid a broader rally in Indian equities, with Sensex up 571.94 points at 81,758.38 and Nifty up 178.85 points at 24,862.75, reflecting strong market-wide optimism. Railway stocks remain in focus due to expectations of continued capex push, public-private partnerships, and infrastructure allocations in the upcoming Union Budget. Disclaimer: This article is for informational purposes only and is based solely on publicly available data and provided inputs. It does not constitute investment advice. Always consult a qualified financial advisor before making investment decisions. News desk at
Business Standard
20-05-2025
- Business
- Business Standard
Stock Alert: Eris Lifesciences, Power Grid Corp, Bharat Electronics, Acme Solar Holdings, Ashok Leyland
Securities in F&O Ban: Hindustan Copper, Manappuram Finance, and Titagarh Rail Systems are banned from F&O trading on 20 May 2025. Upcoming Results: Hindalco Industries, Zydus Lifesciences, Aster DM Healthcare, Automotive Axles, Dixon Technologies (India), EIH, Fortis Healthcare, Gland Pharma, JK Tyre & Industries, Laxmi Organic Industries, Max Healthcare Institute, NHPC, Solar Industries India, Talbros Engineering, Torrent Pharmaceuticals, United Spirits, Whirlpool of India, and J Kumar Infraprojects will release their quarterly earnings later today. Stocks to Watch: Power Grid Corporation of Indias consolidated net profit fell 0.56% to Rs 4142.87 crore in Q4 FY25 compared with Rs 4166.33 crore in Q4 FY24. Revenue from operations increased 2.48% YoY to Rs 12,275.35 crore in Q4 FY25. Bharat Electronics (BEL) reported an 18.36% jump in consolidated net profit to Rs 2127.04 crore on 6.84% increase in revenue from operations to Rs 9149.59 crore in Q4 FY25 over Q4 FY24. ACME Solar Holdings consolidated net profit declined 76.83% to Rs 123.36 crore despite of a 64.96% jump in revenue from operations to Rs 486.88 crore in Q4 FY25 over Q4 FY24. Eris Lifesciences reported a 30.29% jump in consolidated net profit to Rs 92.01 crore on 28.38% increase in revenue from operations to Rs 702.60 crore in Q4 FY25 over Q4 FY24. Ashok Leylands board is scheduled to meet on 23 May to consider the proposal for the issue of bonus shares. Adani Ports & Special Economic Zone (APSEZ) will meet on 23 May to consider issuing non-convertible debentures (NCDs) via a private placement basis.
Economic Times
20-05-2025
- Business
- Economic Times
Railway stocks crack up to 6% amid broader market sell-off
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel After witnessing a sharp rally in the past few days, shares of railway companies witnessed profit booking today, falling as much as 6% on the BSE amid a broader market sell-off The shares of RITES Ltd registered the highest fall of 6.14%, going down to their day's low of Rs 277, while Titagarh Rail Systems shares fell 5.3% to a low of Rs 887.75. Jupiter Wagons followed closely with a decline of 4.55% to Rs 393.10, while Ircon tumbled 4.7% to Rs 188.00. RVNL shares recorded a 3.6% decrease, touching Rs 415.35, and IRFC fell 3.3% to reach Rs 136.75. Meanwhile, the shares of Texmaco Rail & Engineering also cracked 2.6% to Rs 155.75, whereas IRCTC registered a fall of 1.4%, hitting Rs stocks witnessed a breakout rally recently, which was buoyed by renewed optimism over resumed orders from the railways and a broader bullish sentiment in mid-cap and small-cap stocks."The run-up in railway stocks is part of sector rotation in the market, as currently we are seeing the outperformance in PSU stocks, which had been quite beaten down in the recent market correction," Sunny Agrawal, head of fundamental research at SBI Securities, had a railways PSU-based ETF gained around 16% in the past week, according to an analysis by ETMutualFunds. There are two passive funds focused on railway PSUs—one is an ETF and the other is an index Groww Nifty India Railways PSU ETF rose 16.41% during this period, while the Groww Nifty India Railways PSU Index Fund, which also tracks the railway sector, delivered a 16.35% after a sharp rise in these stocks, investors seem to have booked profit as the broader market sentiment turned on the negative side on Monday as the Nifty50 and Sensex slipped around 0.3% on Monday, dragged by losses in IT stocks after Moody's downgraded the US government's credit rating to 'AA1' from 'AAA', in early trade.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
