Titagarh Share Price Target – Titagarh Rail Systems Limited, formerly Titagarh Wagons Limited, is an Indian rolling stock manufacturer in the private sector. The founder, Jagadish Prasad Chowdhary, decided to add a bit more value to his propositions. He ventured into making entire wagons that would be used for freight; before that, it used to manufacture railway components.聽
The core operations of the company encompass providing freight wagons, semi-high-speed trains, metros, transit and propulsion systems, and passenger coaches for the Indian Railways and the export markets as well.
Titagarh Share Price Current Market Overview
- Open Price: 鈧�1,399.00
- High Price: 鈧�1,456.00
- Low Price: 鈧�1,399.00
- Current Share Price: 鈧�1,293.80
- Market Capitalization: 鈧�19,520 Crores
- P/E Ratio: 65.37
- Dividend Yield: 0.055%
- 52-Week High: 鈧�1,896.95
- 52-Week Low: 鈧�681.00
Titagarh Share Price For Recent Price Graph
Titagarh Share Price Target 2024 To 2030
Titagarh Rail Systems from 2024 to 2030 are as follows:
| 驰别补谤听 | Share Price Target聽 |
| 2024 | 鈧�2058 |
| 2025 | 鈧�3282 |
| 2026 | 鈧�4329 |
| 2027 | 鈧�4954 |
| 2028 | 鈧�5669 |
| 2029 | 鈧�6448 |
| 2030 | 鈧�7426 |
Shareholder Pattern For Titagarh Share Price
- Promoters: 40.46% (Decreased from 40.46% in the previous place)
- Retail and Others: 25.85%
- Foreign Institutional Investors (FII/FPI): 19.56% (Increased from 17.27%)
- Mutual Funds: 11.44% (Increased from 10.83%)
- Other Domestic Institutions: 2.69%
Annual Income Statement For Titagarh Share Price
For details regarding the annual income statement, go through the given table.
| Particulars | Info 2024 | Y/Y Change |
| Revenue | 9.03B | 0.85% (-) |
| Operating Expenses | 1.12B | 12.45% (+) |
| Net Income | 670.10M | 8.47% (+) |
| Net Profit Margin | 7.42 | 9.44% (+) |
| Earning Per Share | 5.30 | 2.51% (+)聽 |
| EBITDA | 1.01B | 3.46% (+) |
| Effective Tax Rate | 25.69% | N/A |
Challenges For Titagarh Share Price
Titagarh Rail Systems’ share price has faced challenges due to a slight dip in revenue and a decrease in operating performance in the first quarter of 2024:聽
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Revenue Decline
The company’s revenue from operations fell 0.8% year-on-year to Rs 903.1 crore for the June quarter.聽This is attributed to projects in the design phase and earlier projects nearing completion.聽
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Profit-Taking
Investors partially took profits after the subdued earnings report, especially considering the stock’s impressive performance over the past year.聽
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Short-Term Market Volatility
The recent financial results have led to short-term market volatility, and investors are watching closely to see if the company can rebound.聽
