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.
| Company Name | CMP |
|---|---|
| Texmaco Rail & Eng. | 106.04 |
| Jupiter Wagons | 286.15 |
| Titagarh Railsystems | 741.05 |
| Jessop & Co | |
| View more.. | |
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