Umesh Chaudhary, Vice Chairman, Titagarh Wagons is happy that the Railway Minister stayed away from making it a populist Budget.
Umesh Chaudhary, Vice Chairman, Titagarh Wagons welcomes the clear roadmap and direction given in Railway Budget and also the timeframe to achieve all the objectives.
He is appreciative of the fact that the minister stayed away from making it a populist Budget.
According to him increase in passenger fares was not such an important component of the Budget but the fact that he has concentrated on revenue enhancement is key.
Moreover, the minister seems to have set deadlines for himself, is also noteworthy, says Chaudhary.
Titagarh Wagons stock price
On February 26, 2015, at 14:31 hrs Titagarh Wagons was quoting at Rs 604.60, up Rs 25.40, or 4.39 percent. The 52-week high of the share was Rs 724.00 and the 52-week low was Rs 93.05.
The company's trailing 12-month (TTM) EPS was at Rs 1.41 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 428.79. The latest book value of the company is Rs 315.49 per share. At current value, the price-to-book value of the company is 1.92.
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