Titagarh Rail Systems rises on signing MoU with Siemens
Titagarh Rail Systems is currently trading at Rs. 832.00, up by 6.10 points or 0.74% from its previous closing of Rs. 825.90 on the BSE.
The scrip opened at Rs. 830.05 and has touched a high and low of Rs. 844.85 and Rs. 828.80 respectively. So far 26746 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 970.05 on 18-Jun-2026 and a 52 week low of Rs. 568.65 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 864.80 and Rs. 823.50 respectively. The current market cap of the company is Rs. 11277.58 crore.
The promoters holding in the company stood at 40.46%, while Institutions and Non-Institutions held 26.26% and 33.28% respectively.
Titagarh Rail Systems has signed a non-binding Memoranda of Understanding (MoU) with Siemens, to jointly evaluate and explore international metro rolling stock opportunities, on a case-to-case basis. This arrangement is expected to further strengthen the company's commitment to promote local manufacturing in India.
