Titagarh Rail Systems has received a Letter of Intent (LoI) and also pursuant to the wagon leasing license signed by the company with the Indian Railways on February 09, 2026, this is the first successful contract bagged by the company under Wagon Leasing Business from Balmer Lawrie & Co. for providing 2 BFNS 22.9T rakes on operating lease basis on the Indian Railways network for a period of 10 years. The order is valued at Rs 44.41 crore (incl. of GST).
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.
| Company Name | CMP |
|---|---|
| Texmaco Rail & Eng. | 105.90 |
| Jupiter Wagons | 275.35 |
| Titagarh Railsystems | 856.40 |
| Jessop & Co | |
| Acme India Industrie | |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: