The shareholding of the company in MTBPL has changed from 50 percent to 100 percent and thus MTBPL has become a wholly-owned subsidiary of the Company w.e.f. July 14, 2020, the company said.
"TWL and ABB India will work together to design, develop and manufacture state of the art three-phase IGBT based propulsion systems for EMU/MEMU coaches which would be manufactured in Titagarh's plant at Uttarpara, Kolkata with certain components being supplied by ABB."
There were pending buy orders of 37,713 shares, with no sellers available.
Auto, corporate banks, telecom, and metals are likely to post profit contraction or losses. There is likely to be a sharp slowdown in IT, say experts.
Higher Capex for Railways likely to benefit Titagarh Wagons, Texmaco, Timken India, SKF India, Titagarh Wagons Limited, Texmaco.
He believes the markets are not looking into any bubble territory, they look reasonable and healthy
Soprano is an electric engineering graduate and MBA from Milan, with specialisation in strategic marketing from Luigi Bocconi University, Kolkata-based Titagarh Wagons said in a statement.
Edelweiss is bullish on Titagarh Wagons has recommended buy rating on the stock with a target price of Rs 157 in its research report dated May 24, 2017.
Since these orders have been won as competitive tenders, the margins will be reasonable and cannot be runaway margins, said JP Chowdhary of Titagarh Wagons.
These four ships are the first tenders won by Titagarh Wagons post the company's foray into ship building business in the beginning of this year.
Bharti Airtel | Dena Bank | Titagarh Wagons | Jubilant Life | Kotak Mahindra Bank | Future Enterprise | Cholamandalam Investment | Vijaya Bank and Arcotech are stocks, which are in news today.
Of over 300 companies, more than 160 companies saw a surge in FIIs holding in January-March quarter of the previous financial year.
Railway related companies are buzzing in trade today after the government approved setting up of Rail Development Authority.
Acccording to Ambareesh Baliga, Independent Market Expert, one can pick Titagarh Wagons while Ambuja Cements may hit Rs 260 and Britannia Industries may test Rs 3450.
Rajat Bose of rajatkbose.com advises buying Titagarh Wagons, Rain Industries, RS Software and Tata Global.
The company currently has an order book of Rs 2,600-2,700 crore of which Indian wagon order stands at a couple of hundred crore.
BHEL | Tata Steel | ACC | Ambuja Cements | Oberoi Realty | Idea Cellular | Bharti Infratel | Titagarh Wagons | Goa Carbon | Jet Airways | United Spirits | NBCC | Marksans Pharma | Caplin Point | Tube Investments | Honeywell Automation and Gujarat Gas are stocks, which are in the news today.
Shares of Texmaco Rail, Kalindee Rail Nirman, Titagarh Wagons and Kernex Microsystems were down 3 percent to 5 percent on Wednesday.
Net Sales are expected to increase by 2 percent Q-o-Q (up 49.4 percent Y-o-Y) to Rs 413.6 crore, according to ICICI Securities.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Bharat Financial, Wockhardt, Sun Pharmaceutical, Granules India, Aurobindo Pharma, Idea Cellular, Titagarh Wagons, India Cements and Ujjivan.