If we mention the best multibagger stocks of the Indian stock market, then the whole story remains incomplete without the shares of Titagarh Rail Systems Limited related to railways. This stock has performed consistently, which makes it the favorite multibagger stock of investors. The flight of this stock had stopped for a few days, but today its rally has returned again.
This is how the rail stock got stronger
The share of Titagarh Rail System Limited is around 2 today. It closed at Rs 745.40 with a rise of per cent. During the day’s trading, it jumped up to 4 per cent and reached a level of Rs 758. A few days ago, it had touched the level of Rs 828.20, which is also its highest level of 52 weeks.
There was a big fall in the price yesterday
A day before this, Titagarh Rail System Ltd.’s share price had fallen by about 10 percent. Due to this, the growth of Titagarh Rail System Limited became almost equal in the last 5 days. However, according to the last one month, the stock is up by around 15 percent and in 6 months it is up by 60 percent.
20-22 thousand rupees turned into 1 lakh
Titagarh Shares of Rail System Limited have jumped by more than 232 percent since the beginning of this year, while in the last one year this share has gone up by almost 350 percent. If seen in this way, this stock is one of the multibagger stocks giving the best returns in the last one year. This means that an investor who had invested Rs 20-22 thousand in this share a year ago would have had Rs 1 lakh today.
Company got order from GMRC
Now in this share The reason for the return rally is a big order received by the company from Gujarat. The company has received an order worth Rs 350 crore from Gujarat Metro Rail Corporation (GMRC). Under this, the company has got the work of designing, manufacturing and supplying 30 standard gauge cars for Ahmedabad Metro Rail Phase-2.
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