Titagarh Rail systems is currently trading at Rs. 1104.75, up by 17.70 points or 1.63% from its previous closing of Rs. 1087.05 on the BSE.
The scrip opened at Rs. 1100.00 and has touched a high and low of Rs. 1112.80 and Rs. 1095.05 respectively. So far 12462 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1896.50 on 27-Jun-2024 and a 52 week low of Rs. 782.10 on 13-Mar-2024.
Last one week high and low of the scrip stood at Rs. 1142.00 and Rs. 1080.00 respectively. The current market cap of the company is Rs. 14946.77 crore.
The promoters holding in the company stood at 40.46%, while Institutions and Non-Institutions held 30.28% and 29.26% respectively.
Titagarh Rail Systems has officially handed over its first driverless Made in India trainset to the Bengaluru Metro Rail Corporation’s (BMRCL) Yellow Line. The stainless steel, automated trainset is the first Made-in-India passenger rolling stock set to run on the key 18-km stretch, linking the Electronics City technology and business hub to the rest of the city.
The official handover reinforces Titagarh’s stature as a leading manufacturer of cutting-edge, worldclass trains while spotlighting India’s ascent as a global hub for railway manufacturing. It celebrated the rollout of the Bengaluru Metro Yellow Line and also again demonstrated the capability of Titagarh’s Metro Manufacturing Facility in Uttarpara, West Bengal. These milestones underscore the company’s unwavering commitment to advancing urban mobility in India and showcase its growing manufacturing capabilities and innovative approach within the railway sector.
Designed for state-of-the-art performance, the trainset incorporates advanced automation that enables it to operate in driverless mode. It marks a significant milestone as the first Metro train completely manufactured in India for Bangalore Metro's Yellow Line and the first stainless steel trainset by Titagarh Rail Systems. Titagarh will deliver two more trainsets to the Yellow Line by April this year. The company will then ramp up production, delivering two trains a month by September, 2025.
Titagarh Rail Systems is formerly known as Titagarh Wagons. The company is mainly engaged in the manufacturing and selling of Freight Wagons, Passenger Coaches, Steel Castings, Specialised Equipments & Bridges, Ships, Heavy Earthmoving and Mining Equipments, etc.
Company Name | CMP |
---|---|
Titagarh Railsystems | 815.65 |
Jupiter Wagons | 371.65 |
Texmaco Rail & Eng. | 138.55 |
Jessop & Co | |
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