Introduction:
Leading railway company has secured a ₹537.11 crore order from Adani Group’s cement subsidiaries for manufacturing and supplying 16 BCFCM Rakes Wagons with BVCM Wagons, strengthening its position in India’s freight infrastructure and expanding its order book.
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Share price movement of Titagarh Rail Systems:
On February 12, 2025, Titagarh Rail Systems Ltd opened at ₹836.40, down 0.24% from its previous close of ₹838.40. The stock reached a high of ₹842.15, a 0.47% rise, and a low of ₹791.00. By 3:04 PM, it traded at ₹835.00 with a market cap of ₹11,245.26 crore.
Titagarh Rail Secures ₹537 Crore Order:
Titagarh Rail Systems Ltd. has received a Letter of Acceptance from Ambuja Cements and ACC Ltd., subsidiaries of Adani Cement Ltd., for the manufacture and supply of 16 BCFCM Rakes Wagons with BVCM Wagons. The total order value stands at ₹537.11 crore.
The contract, awarded by a domestic entity, involves manufacturing and supplying specialized railway wagons to enhance logistics efficiency for Adani Cement’s operations. The execution of the project is scheduled between January 2026 and March 2027, supporting the company’s order book growth.
This development strengthens Titagarh Rail’s presence in the railway manufacturing sector, reinforcing its role in India’s freight infrastructure expansion. With increasing demand for specialized wagons, the company continues to secure key contracts, contributing to its long-term growth strategy.
Recent news on Titagarh Rail Systems:
As of February 04, 2025, Titagarh Rail Systems Ltd. announced plans to expand beyond its core railways business by entering the shipbuilding and maritime systems sector, competing with major state-run players like Mazagon Dock Shipbuilders, Cochin Shipyard, and Garden Reach Shipbuilders.
Stock performance of Titagarh Rail Systems for Period of 1 week, 6 months and 1 year:
Titagarh Rail Systems Ltd. has faced a challenging market performance, with a 7.80% decline over the past week. The stock has dropped 41.2% in six months and is down 10.2% over the past year, reflecting volatility in the sector.
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Shareholding pattern of Titagarh Rail Systems:
| Dec 2024 | Sep 2024 | Jun 2024 | |
| Promoter | 40.50% | 40.50% | 40.50% |
| FII | 13.70% | 16.30% | 19.60% |
| DII | 15.00% | 14.00% | 14.10% |
| Public | 31% | 29.30% | 25.80% |
About Titagarh Rail Systems:
Titagarh Rail Systems Ltd (NSE: TITAGARH), established in 1997, specializes in manufacturing freight wagons, passenger coaches, metro trains, train electricals, steel castings, specialized equipment, bridges, and ships, serving both domestic and international markets with innovative rail and infrastructure solutions.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
