Titagarh Rail secures Rs 312.69 crore wagon supply order from Indian Railways
This is a domestic contract, and the project is expected to be completed within nine months from the date the final contract is placed. The company confirmed that this deal does not fall under any related party transactions, and there is no promoter group interest involved in the awarding entity.
This order strengthens Titagarh's ongoing relationship with Indian Railways and adds to its growing pipeline of domestic manufacturing projects.
In the meantime, Titagarh Rail shares opened at ₹927 today and, at the time of writing, touched a high of ₹939 during the session. The stock also hit a low of ₹916.20. Currently, it trades well below its 52-week high of ₹1,707.70, while staying above its 52-week low of ₹654.55.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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