Multibagger Titagarh Rail Systems share price rises almost 8% to 52-week high post Q4 results

Stock Market Today: Multibagger Titagarh Rail Systems Ltd share price gained almost 8% on Friday to scale 52-week highs of ₹1,308.95 on the BSE. The company had reported Q4 results after the market hours on Thursday.

Titagarh Rail Systems share have risen more than 170% during last one year to give Multibagger returns to the investors.

The net profit at ₹83 crore grew 8% year-on-year during the January- March 2024 quarter. The Earnings before interest tax depreciation and amortisation (Ebitda) at ₹120 crore grew 11.41% year-on-year. The Titagarh Rail Systems revenues at ₹1052 Crore also grew 8% year-on-year.

Source Link: How does a demat account contribute to financial inclusion? MintGenie explains | Mint