InvestorQ : Why has Titagarh Wagons touched a high price this week?
Priyanka N made post

Why has Titagarh Wagons touched a high price this week?

Answer
image
Neelam Naik answered.
1 month ago
Follow

On 12th July, Titagarh Wagons scaled a 4-year high of Rs127.60. The stock has rallied 26% in the last 2 weeks and close to 75% in the last one year, at a time when the Nifty returns have been deeply negative. However, the stock is still short of its 2017 highs. Titagarh Wagons is the largest private sector wagon manufacturer in India.

Titagarh has order book position of Rs15,123 crore of which nearly one-third is from the Italian business. Indian Railways is the largest consumer of the wagons manufactured by Titagarh Wagons.

5 Views