Titagarh Wagons is currently trading at Rs. 119.50, up by 5.00 points or 4.37% from its previous closing of Rs. 114.50 on the BSE.

The scrip opened at Rs. 118.85 and has touched a high and low of Rs. 122.00 and Rs. 118.15 respectively. So far 14924 shares were traded on the counter.

Titagarh Wagons The BSE group ‘B’ stock of face value Rs. 2 has touched a 52 week high of Rs. 123.85 on 21-Jan-2022 and a 52 week low of Rs. 44.20 on 26-Mar-2021.

Last one week high and low of the scrip stood at Rs. 123.85 and Rs. 106.95 respectively. The current market cap of the company is Rs. 1369.09 crore.

The promoters holding in the company stood at 47.00%, while Institutions and Non-Institutions held 13.48% and 39.51% respectively.

Titagarh Wagons’ subsidiary — Titagarh Firema S.p.A. (TFA), has signed the framework agreement for design, manufacture, supply and ten years of maintenance of 38 trainsets of Metro for Lazio Regione, Italy. The total value of the framework agreement is Euro 282 million, equivalent to around Rs 2380 crore.

The framework agreement foreseen the design of new trains for the Roma – Lido di Ostia and Roma Viterbo railway network. The Contract requires three different trainset configuration such as the 6 cars metro for the Roma Lido di Ostia line and the 4 cars either metro and commuter for the Roma Viterbo line. The new trainset will be compliant with latest Norms for safety and they offer modern design and improved comfort to the passengers. The new trains will be easily accessible to all the passengers and includes two areas for passenger with reduced mobility (PRM) close to each driver cab. The order book of TFA (including framework contracts) stands at around Euro 520 million, equivalent to Rs 4420 crore.

Titagarh Wagons is the largest private sector manufacturer of railway coaches (EMUs, MEMUs) and the largest wagon maker (other than Railways).