Titagarh Rail Systems New Product Launch, H. G. Infra Engineering Orders And Bharat Wire Ropes Promoter Buying

Titagarh Rail Systems Ltd.

Recent filing: (NEW PRODUCT LAUNCH) Titagarh Rail Systems has launched its second 25T Bollard Pull Tug, Bahubali, for the Indian Navy. The 25T BP Tug boasts several key features, enhancing its capabilities for diverse maritime operations. Powered by two robust engines generating 1200 BHP @1800 RPM each, the tug provides formidable thrust for maneuvering large vessels. The azimuth thrusters enable exceptional maneuverability, allowing precise movements in various directions. With a 25-ton Bollard Pull, the tug can efficiently handle a range of towing tasks.

SUMMARY: 6y Operating Profit uptrend | PE 46.6x (Sector PE range 40-70) | Excellent Dec-23 results | Fund raise | Institutional entry | Orderbook INR 27,466 Cr (Dec-23, 7.3x TTM Revenue) | New Products | Partnerships | Railways

  • MCap of INR 11,874 Crore (share price = INR 882 / share) (as on 14th Mar ‘24)
  • TTM PE 46.6x (as on 14th Mar ‘24) Retail float = 20.1% (Dec-23)

What are the products and services of Titagarh Rail Systems?

Company caters to passenger rolling stock including trains range expands to include electric propulsion equipment such as traction motors and vehicle control systems. Titagarh also designs and manufactures wagons such as container flats grain hoppers, cement wagons, clinker wagons tank wagons.

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H. G. Infra Engineering Ltd.

Recent filing: (ORDERS) H.G. Infra Engineering has received letter of acceptance worth INR 709 Cr from East Central Railway for construction of double line track formation including earth work, blanketing, minor bridges, major bridges, electrification works and other miscellaneous works in Gaya-Son Nagar section to DFCC in DDU Division of East Central Railway in the state of Bihar, to be executed over 3 years.

SUMMARY: 6y Operating Profit uptrend | PE 11.2x (Sector PE range 8-25) | Orderbook as of Dec ‘23 stands at INR 9,626 Cr, 1.8x of TTM Revenue

  • MCap of INR 5,794 Crore (share price = INR 889 / share) (as on 14th Mar ‘24)
  • TTM PE of 11.2x (as on 14th Mar ‘24) Retail float = 9.1% (Dec-23)

What are the products and services of H. G. Infra Engineering ?

With a resilient two-decade journey, HGIEL has emerged as one of India's fastest-growing construction companies. Its dedication to quality and timely execution has been pivotal in establishing it as a trusted leader in the infrastructure industry. It is engaged in the business of EPC and Maintenance of roads, bridges, flyovers, etc.

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Bharat Wire Ropes Ltd.

Recent filing: (PROMOTER BUYING) Promoter and Promoter Group of Bharat Wire Ropes have bought 3.3L shares at an average price of INR 293/share, aggregating to INR 9.8 Cr in the month of Mar-24.

SUMMARY: 6y Operating Profit uptrend | PE 20.7x (Sector PE range 10-50) | Fund raise | Fund entry | Promoter Buying

  • MCap of INR 1,870 Crore (share price = INR 275 / share) (as on 14th Mar ‘24)
  • TTM PE of 20.7x (as on 14th Mar ‘24) Retail float = 12.1% (Sep-23)

What are the products and services of Bharat Wire Ropes?

Bharat Wire Ropes Ltd. is a manufacturer of Steel Wire rope. It caters to the functional needs of a vast array of industrial applications. It comprehensively caters to the needs of the Oil & Gas industry, for oil exploration and drilling operations, exploration rigs, derrick cranes, offshore winches. It also caters to General Purpose Engineering, Defence Applications, Aviation, Maritime Operations, etc.

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