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Buy, Sell Or Hold: IDFC First Bank, JSW Energy, Wockhardt, Paras Defence And Titagarh Rail — Ask Profit
Market experts shared buy, sell and hold recommendations for an array of stocks.
Market Trading Guide: Titagarh Rail among 2 stock recommendations for Thursday
Indian equities extended their recovery amid easing US-Iran tensions and softer crude prices. Analysts recommended Titagarh Rail Systems and Engineers India, citing bullish technical patterns, strong momentum, improving volumes and favorable positioning above key moving averages for potential near-term gains.
RVNL, Railtel Corp, Titagarh Rail, other railway stocks rally up to 4% on Rs 16 lakh crore bullet train plan
Railway stocks including RVNL, Railtel and Titagarh Rail rose up to 4% after the government unveiled a Rs 16 lakh crore plan to develop seven high-speed rail corridors. The ambitious push, including Delhi–Varanasi and Varanasi–Siliguri routes, is expected to boost rail infrastructure and domestic manufacturing.
Jefferies raises Titagarh Rail target price by 23%. Check upside potential and key triggers
Titagarh Rail Systems shares rose after Jefferies increased its target price. The brokerage noted a strong quarter and improving execution. Titagarh is set to benefit from government infrastructure projects. The company expects to deliver more coaches and trains in the coming years. Margins improved significantly in the March quarter. Wagon sales saw a decline but are expected to stabilize.
Concord Enviro Systems arm bags Rs 16-cr order for ZLD systems
Concord Enviro Systems said that its arm, Rochem Separation Systems (India), has secured an order of Rs 16 crore from a specialized rail engineering and manufacturing company for the installation of Zero Liquid Discharge (ZLD) systems.
Stocks To Buy: The one key trigger that can take this railway stock higher by 36%
Titagarh Rail is a near-consensus buy recommendation among the 12 analysts who track it, as 11 of them have a "buy" rating. The other one has a "hold" recommendation with no "sell" ratings. The consensus estimates of price targets implies an upside potential of 24% from current levels.
Titagarh, Jupiter Wagons shares rally up to 10% amid reports of Rs 40,000 crore order from Indian Railways
Railway stocks surged up to 10% on Monday. Indian Railways is preparing a large tender for one lakh freight wagons. This procurement is expected over the next three to four years. The tender could be worth Rs 40,000 crore. This news boosts companies like Jupiter Wagons, Titagarh Rail Systems, and Texmaco Rail & Engineering. Investors are watching these developments closely.
Railway wagon stocks in focus; Texmaco, Jupiter, Titagarh soar up to 13%
Titagarh Rail Systems soared 13 per cent to ₹870 in intraday on the back of a 10-fold jump in trading volumes. Texmaco Rail & Engineering surged 8 per cent, while Jupiter Wagons gained 7 per cent .
Trade Spotlight: How should you trade Kalpataru Projects, Titagarh Rail Systems, Chambal Fertilisers, Swiggy, Bharti Airtel, Titan, and others on June 17?
The mood at Dalal Street is likely to remain positive despite range-bound trading. Below are some short-term trading ideas to consider.