Titagarh Wagons

Titagarh Rail gets 'overweight' rating from Morgan Stanley, stock trades ex-dividend today

Titagarh Rail shares will trade ex-dividend on August 20. The company's board of directors declared a final dividend of Rs 0.80 per equity share with a face value of Rs 2 for FY24.

Short Call | ITC comes a full circle, smart money leaving small, midcaps, buzz over rail stocks, Indus Towers

In the months following the Covid lows, rookie investors fared better than experienced players because the new entrants asked fewer questions and blindly bought into a rising market. But now it could be the turn of the battle-scarred veterans

Titagarh Rail chugs 7% higher as derailed RVNL Russian deal may not be a threat

The management clarified that Russia’s CJSC Transmashholding (TMH) and Rail Vikas Nigam Limited (RVNL) JV hitting a roadblock will not impact Titagarh Rail Systems.

Titagarh Rail surges 6% to hit 52-week high, Antique initiates coverage with 'buy' call

Antique Stock Broking has set a target price of Rs 694 for Titagarh Rail Systems, implying a 54 percent upside from the current market price

Titagarh Wagons chugs downhill on pref share plans to raise Rs 288 crore

Company board has approved the proposal to raise Rs 288.8 crore via a preferential allotment of shares to Smallcap World Fund Inc.

Short Call: Rate hopes, Coal India, Siemens, Titagarh Wagons, and not-so-smart money

For now, the market appears to have moved past interest rates, and the focus is on institutional fund flows

Titagarh Wagons Standalone March 2023 Net Sales at Rs 974.22 crore, up 132.56% Y-o-Y

Titagarh Wagons Consolidated March 2023 Net Sales at Rs 974.22 crore, up 102.57% Y-o-Y

De-risking, focus on rolling stock to keep investors glued to Titagarh Wagons

In the past three years, the scrip has zoomed 785 percent while it has jumped 180 percent in the past year. The wagon maker’s scrip hit its 52-week high of Rs 310 on April 12, reacting to the announcement of an order win

BHEL, Titagarh Wagons shares gain 2% each as consortium wins order from Indian Railways

Titagarh Wagons touched a 52-week high of Rs 310.

Titagarh Wagons, Ramkrishna Forgings gain after consortium bags forged wheels order

The consortium of Ramkrishna Forgings and Titagarh Wagons has emerged as the Lowest Bidder (L1) as per the financial bid opened on March 14, 2023, to manufacture and supply forged wheels under Aatmanirbhar Bharat initiative of the Ministry of Railways, Government of India.

Titagarh Wagons stock price rises after emerging as second lowest bidder for Vande Bharat trains

The Russian CJSC Transmashholding-RVNL consortium is the lowest bidder for 200 Vande Bharat trains. Officials have said that the BHEL and Titagarh Wagons consortium will be given a chance to match the lowest bid to bag a share of the tender.

Titagarh Wagons-BHEL consortium emerges second lowest bidder for Vande Bharat trains

BHEL-Titagarh Wagons had quoted Rs 140 crore a train set, while the lowest bid is Rs 120 crore per trainset.

Railway stocks surge on lowest bid for Vande Bharat trains

A consortium of Rail Vikas Nigam and Russia's CJSC Transmashholding emerged as the lowest bidder while Titagarh Wagons and Bharat Heavy Electricals placed the second lowest bid.

Indian Railways may again push the deadline for 100 Vande Bharat trains

Industry players have asked for more time to set up facilities for the manufacture of steel and aluminium-body trains.

Titagarh Wagons Consolidated December 2022 Net Sales at Rs 766.40 crore, up 58.8% Y-o-Y

Titagarh Wagons Standalone December 2022 Net Sales at Rs 766.40 crore, up 99.26% Y-o-Y

MC BudEx closes flat a day after Budget 2023, ITC shines

Adani Ports, Coromandel International and Titagarh Wagons were the top index losers

Railway stocks on racetrack as investors place tactical bets

“Railway stocks are generally a tactical play. This means investors are buying these stocks as a short-term investment bet based on the anticipation of some announcement from the government,” said Awanish Chandra, Head of Equities, SMIFS.

Titagarh Wagons Consolidated September 2022 Net Sales at Rs 607.12 crore, up 31.99% Y-o-Y

Titagarh Wagons Standalone September 2022 Net Sales at Rs 606.20 crore, up 82.02% Y-o-Y

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

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.

Titagarh Wagons Standalone June 2022 Net Sales at Rs 426.22 crore, up 26.01% Y-o-Y

Bet on Prism Johnson, Mold-Tek Packaging, Titagarh Wagons for 12-15% return

Titagarh Wagons is a classical uptrend where it is witnessing Bullish Flag formation with closing above its 20-DMA (day moving average). The upside momentum is likely to continue for an immediate target of Rs 150 while Rs 115 will act as a strong support level.

Italian government likely to invest in Titagarh Wagons subsidiary Firema

Titagarh Group was in dialogue with the Italian government for capital support after the company faced financial headwinds during the pandemic.