With an order book of Rs 28212 Crore, Titagarh Rail Tops among pvt players with Multiple levers for future growth potential

In wagons, Titagarh has a market share of 28% in the current financial year, followed by Jupiter Wagons Ltd. and Texmaco Rail and Engineering Ltd., with 14% and 13%, respectively.

Rail Passenger coach
Apart from.Wsgons, Titagarh Rail makes passenger coaches aiming to manufacture 72 coaches per month

Tie up with ABB
In addition, recently ABB India has announced a tie-up With Titagarh Rail For Metro Projects In India.

Ramakrishna forging – Titagarh Rail consortium

In the recent past Consortium of Ramkrishna Forgings Ltd and Titagarh Rail Systems Ltd has bagged an order worth about Rs 12,227 crore from the railways ministry to supply 15.40 lakh forged wheels under the government’s Atmanirbhar Bharat initiative

Defence
Titagarh Rail recently entered in to Defence by supplying Diving Support coaches for Indian Navy.

FII’s increase their stake in Titagarh Rail.

FiI’s raised their ownership significantly in the last quarter. The cumulative holding of FIIs as of September end was 16.85% in the stock, compared to 7.05% a quarter ago

Discl: Invested at lower level. not a buy or sell recommendation. please do your own assessment before investing