Titagarh Wagons is currently trading at Rs. 196.30, up by 3.20 points or 1.66% from its previous closing of Rs. 193.10 on the BSE.
The scrip opened at Rs. 196.70 and has touched a high and low of Rs. 198.50 and Rs. 195.80 respectively. So far 11,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 442.00 on 12-Mar-2012 and a 52 week low of Rs. 180.00 on 04-Mar-2013.
The current market cap of the company is Rs. 393.00 crore.
The promoters holding in the company stood at 53.11% while Institutions and Non-Institutions held 16.24% and 30.65% respectively.
Titagarh Wagons' (TWL) subsidiary - Titagarh Wagons AFR S.A., (TWAFR) has bagged a prestigious order from a subsidiary of SNCF (French Railways) for supply of 400 Hopper Cereal Wagons. The order is estimated at Euro 39 million amounting approximately Rs 275 crore.
TWL had set up the French subsidiary in July, 2010 to take over the manufacturing facility of AFR, then a sick industrial unit by successfully bidding under the supervision of Paris Commercial Court. This is the first ever oversees acquisition by TWL and first of its kind in this sector. Formed by the merger of ARBEL (established 1869) and FAUVET GIREL in 1985, two of the leading manufacturers and designers of freight wagons, ARBEL Fauvet Rail - AFR- is a company specialized in the design, construction and marketing car freight and tank containers.
Titagarh Wagons is engaged in manufacturing of railway wagons, bailey bridges, heavy earth moving and mining equipment, steel and SG iron castings of moderate to complex configuration. It also manufactures special wagons, shelters and other engineering equipment for the Indian defence establishment.
| Company Name | CMP |
|---|---|
| Texmaco Rail & Eng. | 106.04 |
| Jupiter Wagons | 286.15 |
| Titagarh Railsystems | 741.05 |
| Jessop & Co | |
| View more.. | |
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