By Admin 
Titagarh Rail System Stock: If you have invested in Titagarh Rail Systems Limited or are thinking of doing this news, then this news may be important for you. Actually, after showing great boom in the last five years, there has been a big decline in this stock. After reaching its all-time high of Rs 1,896.50 in June 2024, this stock has now fallen to 57 percent. However, experts now see the hope of jumping again in this stock. Let us tell you in this news why this stock declined and why the expert now expects a boom in it.
Why did the decline come?
There were several reasons behind the decline in Titagarh Rail Systems Limited, including interruption in supply chains, fluctuations in raw material prices and slow delivery of order. Due to these challenges, the company’s income increased by only 2 percent and it reached Rs 2,862 crore in the first nine months of 2024-25. At the same time, the net profit (PAT) also recorded an annual increase of only 6 per cent and the margin was affected due to rising costs.
Can stock grow again?
Market experts believe that due to the strong fundamentals and technical indicators of the company in the railway sector, this stock may rise again. According to The Mint report, the report of Geojit Financial Services says that this stock can go up to Rs 1,050 in the next 3-6 months, which can show a 29 per cent gain from the level of Rs 815.65. Let us know that this stock has given a return of 3,066 percent in the last 5 years.
Why are the experts bullish?
Actually, experts are bullish about it due to the strong order book and the possibilities of development of Titagarh Rail Systems Limited. Let us tell you, the company currently has an order book of Rs 25,333 crore, which is 6.2 times the estimated sales of 2025. At the same time, in the first nine months of 2024-25, the company has received new orders worth 1,106 crore, including 13,689 wagons and 1,589 metro and Vande Bharat coaches. Will start contributing to revenue from new divisions 2026 such as signaling and safety systems and shipbuilding and maritime systems.
What do technical indicators say?
- Stock has taken strong support at the level of 700, which is close to 200-Veek EMA.
- Recently, this stock has crossed 21-DMA and has broken the downward trendline.
- The 14-day RSI is currently at 55-56 level, which is trending at the highest level of three months.
- MACD is also showing positive crossover, which indicates uptrend.
Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)
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