Titagarh Wagon is prime example of what all that we learn comes to naught. Look at the financials of Titagarh: the PE is 56.9, and the ROCE is 7.67 %. ROE is even more interesting, -0.05 %.
Yet, the flood of orders is propelling this stock up. A year ago it was ₹107 or so, and today it is ₹331.
I had avoided this stock for some time.
“There are more things in Heaven and Earth , Horatio, than are dreamt of in your philosophy”, Hamlet says in the play of his name.
Yes, we learn a new thing every day.
Truly
| Subscribe To Our Free Newsletter |
