504% return in 2 years: This railway stock falls as brokerage cuts target - Buy or Sell?

Raghwendra Shukla | Dec 02, 2024, 11:31 AM IST

Multibagger Railway Stock: Shares of Titagarh Rail Systems opened in red after receiving a downgrade from a global brokerage firm. The counter opened at Rs 1197.05 on the BSE against the previous close of Rs 1205.70. It dipped further to touch the low of Rs 1191.05. Last seen, the counter was trading at Rs 1198.65. 

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Multibagger Railway Stock: Brokerage Maintains BUY

Multibagger Railway Stock: Brokerage Maintains BUY

Multibagger Railway Stock: Global brokerage firm HSBC has maintained 'BUY' on Titagarh Rail Systems but has revised its target price downward to Rs 1,425 from Rs 1,980. 

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Multibagger Railway Stock: 18% upside potential

Multibagger Railway Stock: 18% upside potential

Multibagger Railway Stock: Despite the downgrade, the multibagger stock still has an upside potential of around 18 per cent from the last trading price of Rs 1,205.70 on the BSE.

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Multibagger Railway Stock: Execution of order has been slower

Multibagger Railway Stock: Execution of order has been slower

Multibagger Railway Stock: The brokerage firm said that the awarding of metro rolling stock contracts has resumed but the execution of ongoing metro and Vande Bharat orders has been slower than initially anticipated, prompting a downward revision of estimates.

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Multibagger Railway Stock: 52-week high and low

Multibagger Railway Stock: 52-week high and low

Multibagger Railway Stock: The 52-week high of the stock is Rs 1,896.50 and the 52-week low of the counter is Rs 782.10.

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Multibagger Railway Stock: Titagarh Rail Systems Share Price History

Multibagger Railway Stock: Titagarh Rail Systems Share Price History

Multibagger Railway Stock: The counter has given a multibagger return of around 504 per cent in two years. In one year, it has given a positive return of 22 per cent.

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Multibagger Railway Stock: Market Cap

Multibagger Railway Stock: Market Cap

Multibagger Railway Stock: The market capitalisation of the Titagarh Rail Systems is Rs 16,145 crore.

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Multibagger Railway Stock: What does the company do?

Multibagger Railway Stock: What does the company do?

Multibagger Railway Stock: The company manufactures and sells freight wagons, passenger coaches, metro trains, and train electricals.

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Multibagger Railway Stock: Dividend

Multibagger Railway Stock: Dividend

Multibagger Railway Stock: Earlier, the company had announced a dividend of Rs .80 for which the ex-date of August 20, 2024.

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Sensex, Nifty decline in early trade

Sensex, Nifty decline in early trade

Benchmark indices Sensex and Nifty declined in early trade on Monday amid disappointing macroeconomic data and weak trends in frontline stocks

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Disclaimer

Disclaimer

The views/suggestions/advices expressed here in this article are solely by investment experts. Zee Business suggests its readers consult with their investment advisers before making any financial decision.

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