Titagarh Rail stock chugs upwards on 130% leap in Q3 net profit
Mon, Feb 5, 2024 2:01 PM

Titagarh Rail stock chugs upwards on 130% leap in Q3 net profit

A Flip by Avya Verma
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Titagarh Rail Systems' stock saw a 1.3% rise on February 5 after reporting a 130% increase in net profit for Q3 of FY24 to Rs 75 crore. The company also witnessed a 24.6% growth in revenue and a 52.3% increase in EBITDA. They recently announced plans to enter the railway component and subsystem business with an investment of Rs 120 crore each.

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