Meanwhile, the S&P BSE Sensex was up 148.62 points, or 0.40% to 36,867.22.

On the BSE, 2.52 lakh shares were traded in the counter so far compared with average daily volumes of 60,000 shares in the past two weeks. The stock had hit a high of Rs 86.55 and a low of Rs 72.70 so far during the day. The stock hit a record high of Rs 189.50 on 1 December 2017. The stock hit a 52-week low of Rs 71.35 on 23 July 2018.

Shares of Titagarh Wagons slumped 22% in 11 trading sessions to settle at Rs 72.15 yesterday, 23 July 2018, from its close of Rs 92.50 on 6 July 2018.

On a consolidated basis, Titagarh Wagons reported net loss of Rs 100.32 crore in Q4 March 2018 as against net profit of Rs 11.99 crore in Q4 March 2017. Net sales declined 53.78% to Rs 301.41 crore in Q4 March 2018 over Q4 March 2017.

Titagarh Wagons caters to passenger rolling stock including double decker and single deck commuter trains, metros, trams. It designs and manufactures wagons such as container flats, grain hoppers, cement wagons, clinker wagons, tank wagon. It also manufacturers cast steel bogies and couplers for freight application.