Titagarh Wagons is currently trading at Rs. 41.95, up by 0.85 points or 2.07% from its previous closing of Rs. 41.10 on the BSE.
The scrip opened at Rs. 42.90 and has touched a high and low of Rs. 43.30 and Rs. 41.70 respectively. So far 18974 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 2 has touched a 52 week high of Rs. 92.80 on 27-Aug-2018 and a 52 week low of Rs. 31.30 on 05-Aug-2019.
Last one week high and low of the scrip stood at Rs. 43.30 and Rs. 35.65 respectively. The current market cap of the company is Rs. 475.14 crore.
The promoters holding in the company stood at 45.71%, while Institutions and Non-Institutions held 13.22% and 41.07% respectively.
The Consortium formed by Titagarh Wagons with its wholly owned subsidiary — Titagarh Firema SpA (TFA) has emerged as the lowest bidder in the tender issued by Maharashtra Metro Rail Corporation (MAHA-METRO) for ‘Design, Manufacture, Supply, Testing, Commissioning Of Passenger Rolling Stock (Electrical Multiple Units) and Training Of Personnel’ for Pune Metro Rail Project.
The order valued at approximately Rs 1,125 crore is likely to be issued in the next few days and more details would be intimated by the company upon receipt of the formal order.
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.