Titagarh Wagons rose 5.25% to Rs 673.90 at 9:59 IST on BSE after HDFC Mutual Fund-HDFC Prudence Fund bought 2.24 lakh shares of the company on NSE at an average price of Rs 599.49 per share in a bulk deal yesterday, 27 February 2015.
Meanwhile, the S&P BSE Sensex was up 250.20 points or 0.86% at 29,470.32.
On BSE, so far 2.53 lakh shares were traded in the counter as against average daily volume of 8.84 lakh shares in the past two weeks.
The stock hit a high of Rs 682.20 and a low of Rs 647 so far during the day.
Titagarh Wagons reported a net profit of Rs 9.17 crore in Q3 December 2014 compared with net loss of Rs 3.74 crore in Q3 December 2013. Net sales rose 230.1% to Rs 102.62 crore in Q3 December 2014 over Q3 December 2013.
Titagarh Wagons is one of the leading private sector manufacturers of wagons and coaches in India.
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