Page 2 - Titagarh Wagons

Titagarh Wagons rallies 8%; board to meet Saturday to consider fund raising

A meeting of the board of directors of the company is scheduled on Saturday, June 10, 2023 to consider a proposal to raise funds

Stocks to Watch today, June 8: Banks, Auto, Lemon Tree, Adani Ent, Titagarh

Stocks to Watch on June 8, 2023: Shares of banks, automobile, and real estate companies could see considerable action in Thursday's session as the Reserve Bank of India (RBI) is slated to announce its

This railway stock soared 14% today, hitting new high on heavy volumes

In the past two months, the stock of Titagarh Wagon has zoomed 58% after the company reported healthy YoY revenue growth of 71% and healthy operating margin of ~10% in the first nine months of FY23

Stock of this railway wagons maker has zoomed 1,412% from March 2020 lows

Titagarh Wagons hit a new high of Rs 310, surging 8% today, after its consortium with BHEL bagged an order worth Rs 9,600 crore to supply 80 sleeper class Vande Bharat trains

Titagarh Wagons-Bhel consortium to build 80 sleeper Vande Bharat trains

The listed PSU informed exchanges that it is the lead partner in the joint venture (JV) and will be supplying the trains over a period of six years

Ramkrishna Forgings stock zooms 107% on BSE in less than 10 months

The stock of casting & forging company, therefore, surpassed its previous high of Rs 290.75, touched on March 15, 2023

Titagarh Wagons hits new high; zooms 65% in 6 months on healthy outlook

On March 1, the consortium of Titagarh Wagons and Bharat Electricals (TWL-BHEL Consortium) emerges as the 2nd Lowest Bidder (L2) for manufacturing cum maintenance of Vande Bharat Trainsets.

Trading strategies in IRCTC, other rail-related stocks amid stake sale buzz

IRCTC has consistently faced resistance around the Rs 800-mark; break below Rs 660 can further weaken the stock, chart indicates.

Rail stocks may chug along till budget; book profit selectively: Analysts

Railway stocks: In the upcoming budget, the railways has reportedly sought gross budgetary support (GBS) of Rs 1.5-1.8 trillion over the Rs 1.37 trillion figure earmarked during Budget 2022-23

Alstom, Medha, Siemens in race for Rs 26,000-crore Vande Bharat order

At least 4 of the five bidders have formed JVs for the Rs 26,000-crore order

Stocks to Watch: Reliance, ONGC, Tata Steel, Oil India, Anupam Rasayan

ONGC has signed 6 contracts for Discovered Small Fields (DSFs) under the DSF-III bid round. Contracts were signed for 3 offshore fields each in the Arabian Sea, Bay of Bengal

Italian govt, UAE-based PE firm pick up 44% stake in Titagarh Wagons arm

The Italian government and a UAE-based private equity firm have together picked up almost 44 per cent stake in Titagarh Wagons' fully-owned subsidiary Firema SpA, a top company official said on Sunday. The company saw a "recapitalisation of Euro 20 million through fresh equity infusion", raising the total capital to Euro 33 million, he said. Invitalia, the Italian government's investment promotion agency, pumped in Euro 10 million for a 30.30 per cent stake, and the UAE-based PE firm - Hawk Eye DMCC - picked up a 13.64 per cent shareholding for Euro 4.5 million, the company official said. The rest Euro 5.5 million has been infused by a Titagarh Group company. The recapitalisation of Euro 20 million provides a fresh lease of life for the Italian company which will now be able to turn around and tap huge railway opportunities with branding and strategic value addition by Invitalia, Titagarh Wagons Vice Chairman and Managing Director Umesh Chowdhary told PTI. Italian firm Firema, whi

Titagarh Wagons to invest Rs 1,000 cr in 3-5 yrs for capacity building

Titagarh Wagons is looking to invest close to Rs 1,000 crore over the next three to five years for capacity building in the manufacturing of wagons, coaches and foundry

Titagarh Wagons hits 4-year high; gains 26% in 2 weeks on strong order book

As on March 2002, TWL had a strong diversified order book position of Rs 15,123 crore across Indian (Rs 10,675 crore) and Italian business (Rs 4,448 crore) operations.

A power crisis on an old track and a plan that was never implemented

The Railways' decision to stick with steel wagons may have contributed to the shortage of rakes to haul coal to generating plants

Titagarh Wagons rallies 24% in three days on Rs 15.6 billion order win

The stock moved higher by 11% to Rs 82.45, surging 24% in past three trading sessions after the company bagged Rs 15.61 billion order from the railway ministry for supply of wagons.

Titagarh Wagons starts building two vessels each for Indian Navy, NIOT

Titagarh Wagons Limited, a flagship company of the Titagarh group, which has morphed itself from a wagon manufacturer for Indian Railways to a multinational engineering and fabrication group, gave a major boost to the Union Government's Make In India campaign today.The company has successfully started the construction of two 1000T Fuel Barges for Indian Navy and two coastal Research Vessels which would support the INS Vikramaditya, for National Institute of Ocean Technology(NIOT). In February, the company reported at BSE and NSE that it has signed the contract from NIOT under the Ministry of Earth Sciences, Government of India for design, construction and delivery of two high end coastal research vessels valued at Rs. 100 Crore. In March, the company reported that it has signed the contract with Ministry of Defence (Navy), Directorate of Ship Production for undertaking design, construction and delivery of two fuel barges for the Indian Navy worth Rs. 75 Crore.The ceremonial event was .

Rail-related shares in focus; Titagarh Wagons up over 5%

Titagarh Wagons rallied 9% to Rs 131 in intra-day on Friday, extending its Thursday's 5% gain on the BSE

Titagarh Wagons gains on order win from Indian Navy

The stock up 4% at Rs 119 after the company has received an order for construction of two fuel barges for the Indian Navy in its recently added "Shipbuilding" vertical.

Titagarh Wagons, Kalindee Rail, Texmaco Rail extends fall; tank over 10%

Titagarh Wagons plunged 14% to Rs 96, Texmaco Rail down 12% to Rs 106 and Kalindee Rail by 11% at Rs 110 on the BSE.