SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Titagarh Rail Systems & BHEL consortium inks contract with Indian Railways

15 Jun 2023 Evaluate

A consortium led by Bharat Heavy Electricals (BHEL) and Titagarh Rail Systems (TRSL) has signed a contract for manufacturing and supply of 80 fully assembled Vande Bharat sleeper train sets by 2029 and their maintenance for 35 years.

This is the first time Indian Railways has awarded a contract of this value to an Indian consortium for design and manufacturing of complete train sets and maintenance for 35 years. The estimated value of the contract is Rs 24,000 crores (excluding GST). The Vande Bharat trains represent a significant advancement for Indian Railways under the Make in India programme launched by the Government. The BHEL-TRSL consortium was the only AatmaNirbhar consortium that participated in the tender process, subsequently being awarded the project.

Titagarh Rail Systems is formerly known as Titagarh Wagons. The Company is mainly engaged in the manufacturing and selling of Freight Wagons, Passenger Coaches, Steel Castings, Specialised Equipments & Bridges, Ships, Heavy Earthmoving and Mining Equipments, 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:

×