highlights
For the past three years, this stock has proven to be a multibagger for investors.
The stock has returned more than 1200 percent during that period.
This stock is up 352 percent in one year.
New Delhi. The shares of Titagarh Rail Systems, a company in the railway industry, have experienced a stormy rise for the past year. In a year, this multibagger stock has increased investors’ money by more than fourfold. Investor confidence in this stock has recently been boosted by the many large orders the company has received. The stock hit its 52 week high of Rs.542.55 during the intraday Friday 14th July last trading level and later closed at Rs.537.60 per share (Titagarh Rail Systems share price) on the NSE.
The company received a number of large orders in the last year. This includes an order for 7,800 crore rupees for 24,177 wagons and an order for 9,600 crore rupees for 80 Vande Bharat trains. just last week money control Speaking to the company’s managing director and CEO, Umesh Chaudhary, he said the company’s backlog had grown from 2,500 crore to 27,000 crore in about a year. The company plans to invest around 650 crore rupees in the next two years. Chaudhary said the company’s focus is not only on expanding the domestic market but also on increasing exports.
Also read this – Share increased from 26 rupees to 163, returned more than 500 per cent in three years, rapid boom continues
352% return in one year
Over the past year, this stock has provided investors with tremendous returns. On July 13, 2022, this stock was trading at 120 rupees. On 14th July 2023 this stock closed at NSC at 537.60 rupees. In this way, Titagarh Rail Systems’ Multibagger stock has brought investors a 352 percent return in one year.
If an investor invested Rs 1000,000 in this stock a year ago and kept his investment, today the value of his investment has increased to Rs 448,000. Even in a three-year period, this stock has brought investors record gains and in that period, this stock has risen from Rs.40.4 to Rs.537. In this way, it has brought the investors a return of more than 1200 percent.
(Disclaimer: The stocks mentioned here are based on advice from brokerage houses. If you are interested in investing in these stocks, please consult a certified investment adviser first. News18 is not responsible for your gain or loss of any kind. Will happen.)
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Tags: tips for making money, Multibagger Stocks, stock market, Stock Tips
FIRST RELEASED : Jul 16, 2023 12:07 p.m
