SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Titagarh Wagons advances on receiving nod to manufacture metallic, modular bridges in India

27 May 2016 Evaluate

Titagarh Wagons is currently trading at Rs. 88.10, up by 2.30 points or 2.68% from its previous closing of Rs. 85.80 on the BSE.

The scrip opened at Rs. 87.50 and has touched a high and low of Rs. 89.00 and Rs. 85.25 respectively. So far 3,00,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 166.40 on 01-Jan-2016 and a 52 week low of Rs. 84.00 on 24-May-2016.

Last one week high and low of the scrip stood at Rs. 89.50 and Rs. 84.00 respectively. The current market cap of the company is Rs. 1,016.54 crore.

The promoters holding in the company stood at 46.11% while Institutions and Non-Institutions held 28.66% and 25.22% respectively.

Titagarh Wagons has received an approval for execution of a Joint Venture Agreement (JVA) with Matiere S.A.S., France pursuant where to a Joint Venture Company (JVC) between the joint venture partners would be incorporated in India to pursue manufacture of metallic and modular bridges in India and their marketing in neighboring companies/territories agreed upon in the said agreement, subject to the compliances as may be applicable.

The board of directors at its meeting held on May 26, 2016 has approved for the same.  The above would be in addition to the company’s existing business of manufacture and sale of Bailey Bridges.

Titagarh Wagons is engaged in the business of manufacturing Railway Wagons, EMU (Rail Coaches), Bailey Bridges, Heavy Earth, Moving and Mining Equipment, Steel and SG iron castings of moderate to complex configuration etc.


Titagarh Railsystems Share Price

741.05 3.85 (0.52%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×