Titagarh Rail Systems Ltd

NSE
TITAGARH •
BUY

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Start SIP in Titagarh Rail Systems Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
355.44% Gain from 52W Low
-1.3
TTM PE Ratio
Below industry Median
50
Price to Book Ratio
Below industry Median
13.2
Dividend yield 1yr %
Low in industry
0.1
TTM PEG Ratio
PEG TTM is less than 1
0.1
RSI
RSI is mid-range
39.9
MFI
MFI is mid-range
32.9

Titagarh Rail Systems Ltd Key Financials

*All values are in ₹ Cr.

Titagarh Rail Systems Ltd shareholding Pattern

Promoter
42.5%
Foreign Institutions
20%
Mutual Funds
10.4%
Domestic Institutions
12.3%
Public
25.2%

Titagarh Rail Systems Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
4
Bearish Moving Averages
12
5Day EMA
969.10
10Day EMA
975.80
12Day EMA
978.90
20Day EMA
991.60
26Day EMA
998.30
50Day EMA
998.30
100Day EMA
938.80
200Day EMA
791.50
Delivery & Volume
Resistance & Support
957.62
Pivot
Resistance
First Resistance
973.73
Second Resistance
999.92
Third Resistance
1,016.03
Support
First Support
931.43
Second support
915.32
Third Support
889.13
Relative Strength Index
39.87
Money Flow Index
32.92
MACD
-19.38
MACD Signal
-18.50
Average True Range
44.58
Average Directional Index
19.65
Rate of Change (21)
-13.04
Rate of Change (125)
29.55

Titagarh Rail Systems Ltd Company background

Founded in: 1997
Titagarh Wagons Limited (TWL) was established on July 03, 1997. The Company is mainly engaged in the manufacturing and selling of Freight Wagons, Passenger Coaches, Metro Trains, Heavy Earthmoving and Mining Equipments, Train Electricals, Steel Castings, Specialised Equipments Bridges, Ships, Bailey Bridges, EMU, etc. The above said products and services are structured along five broad business lines, Wagon Manufacture, Heavy Earth Moving Mining Equipment, Foundry Division, Rail Coach Division and Special Projects. The company also entered into production of special purpose wagons to suit the varying needs of customers, such as the MerryGoRound (MGR) wagons and Special Wagons for Defence etc. TWL, is the only private company registered with the Ministry of Defence, Government of India to manufacture Bailey bridges and other related accessories in India. The companys WheelonWheels (WoW) wagon has specifically been designed, to enable it to carry various types of trucks, catering to the needs of the logistics industry by providing a Rollon Rolloff service. TWL have a subsidiary company named as Titagarh Biotec Private Limited, incorporated on July 20, 2004. Titagarh Biotec Private Limited is primarily engaged in the business of cultivating, producing, buying and selling all kinds of agricultural and 2 forests produce and engaged in biotech activities for processing and preservation of agriculture and forest produce. The company acquired the Heavy Engineering Division of Hyderabad Industries Limited under the Business Transfer Agreement dated April 4, 2005. The purchase included a manufacturing unit in Uttarpara, West Bengal spread over an area of approximately 35 acres with a steel foundry, a fabrication cum machining facility and access to a rail siding along with some specified liabilities (Uttarpara unit). During the year 2006, the company has supplied 88 Bailey bridges as well as related spares. TWL have one of the highest manufacturing capacity ratings given by Ministry of Defence (CQAE), being 72 bridges per annum.The company and JP Morgan Mauritius entered into a cooperation and funding agreement for acquisition, revival and rehabilitation of the sick Cimmco Birla Ltd (CBL) part of the S.K. Birla Group to BIFR Cimmco with the consideration of Rs 35 crore and also entered into a compromise deed with the unions of Cimmco. TWL entered a Joint Venture Agreement with FreightCar Inc America entered into for a Joint Venture Company for manufacture of Aluminium Rail Cars. As of March 2008, Titagarh Wagon was entered into the capital market with its Initial Public Offering (IPO) of 23,83,768 shares. TWL is in the process of expanding its capacities, including setting up Rs 18.7crore EMU manufacturing unit with a capacity to produce two rakes of EMUs per month. It also plans to invest another Rs 18.84 crore to modernise and expand its two existing plants at Titagarh and Uttarpara in West Bengal, apart from setting up an axle machining and wheelset assembly facility at a cost of Rs 12.93 crore. Titagarh Wagons Limited aspires to be a leader as a manufacturer of heavy engineering equipment and a worldclass service provider for the infrastructure sector, to be known as a dependable and preferred partner for growth in line with a national perspective plan.Pursuant to Order dated May 17, 2016 of the Honble High Court of Calcutta becoming effective on and from July 13, 2016, the wholly owned subsidiaries, Cimco Equity Holdings Private Limited, Titagarh Marine Limited, Corporated Shipyard Private Limited and Times Marine Enterprises Private Limited were amalgamated with Company.During the year 2016, the Company along with its wholly owned subsidiary company, Titagarh Singapore Pte Limited formed a subsidiary company in Italy in the name of Titagarh Firema Adler SpA (TFA) and consequently, acquired the business of Firema Trasporti SpA, a designer and manufacturer of metro coaches and semi / high speed trains.On 22 April, 2017 the Company launched a first wagon, special freight train operation (SFTO) carrying steel coils at Uttarpara unit in West Bengal. It launched the first weighing 1000 Tonnes fuel barge ship for Indian Navy on the 17th May, 2018. The Honble National Company Law Tribunal (NCLT), Kolkata Bench, by an Order passed on 16th October, 2017 sanctioned the Scheme of Amalgamation of Titagarh Agrico Private Limited (TAPL), a wholly owned subsidiary of the Company with Cimmco Limited w.e.f. the Appointed Date: 1st April, 2016. Upon filing the said Order, TAPL , which was earlier the Companys subsidiary, amalgamated with Cimmco and accordingly, ceased to be a subsidiary of the Company. Titagarh Mermec Private Limited, a Joint Venture was set up in India on 18th July, 2018 with equal stake in its equity of Mermec SpA, Italy (Mermec) and Company, for marketing, manufacturing and selling diagnostic and signalling systems for railway infrastructure and auxiliary products and equipment parts in the Territories of India, Nepal, Bangladesh, Myanmar, Bhutan and Sri Lanka.The Honble National Company Law Tribunal, Kolkata Bench, by an Order dated 30th September, 2020 had sanctioned the Scheme of Amalgamation of Cimmco Limited, the Companys subsidiary, and Titagarh Capital Private Limited, the Companys whollyowned subsidiary, with the Company which became effective from the Appointed Date of the Scheme i.e., 1st April, 2019.During the year 2019, the group derecognised the entire assets liabilities of Companys erstwhile whollyowned Subsidiary in France, Titagarh Wagons AFR (TWA), w.e.f. 4th June, 2019 being the date when the start of the Rehabilitation Procedure was approved by the said Court.The Company acquired the shares held by Matiere SAS, France, representing 50% of the paidup share capital of Matiere Titagarh Bridges Private Limited (MTBPL). As a result, the shareholding of the Company in MTBPL changed from 50% to 100% and MTBPL became a whollyowned subsidiary of the Company w.e.f. 14th July, 2020.During November 2020, the Company transferred the investments held by it in subsidiaries, namely Titagarh Firema S.p.A., Italy (TFA) and Titagarh Singapore Pte Ltd, Singapore (TSPL), to Titagarh Bridges and International Private Limited (Formerly known as Matiere Titagarh Bridges Private Limited) (TBIPL), a wholly owned subsidiary of the Company engaged in the business of manufacture of metallic bridges. The first Aluminium Metro train for Pune Metro was flagged off at TFA, Italy, on 30th July, 2021. The Company along with its subsidiary TFA, had signed the first contract for design, manufacture and supply of 34 trains of 3 coaches each for Pune Metro (Maharashtra Metro Rail Corporation Limited).In 202122, the Company launched the first warship vessel for the Indian Coast Guard in cooperation with Garden Reach Shipbuilders and Engineers Ltd. (GRSE). It designed, produced and delivered two prototype metro trains, one for Pune Metro (India) and the other for Catania Metro (Sicily) in 2022.The Company on 10th January, 2022 approved a Draft Scheme for Amalgamation of Titagarh Bridges and International Private Limited (TBIPL), a wholly owned subsidiary with the Company, with 1st April, 2021 as the Appointed Date, which got sanctioned by the Honble National Company Law Tribunal (NCLT). And consequent to merger of TBIPL with the Company, all the assets and liabilities of TBIPL including the shares held by it in Titagarh Singapore Pte. Ltd., Singapore, and Titagarh Firema S.p.A., Italy, stood transferred to the Company.
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Titagarh Rail Systems Ltd FAQs

Titagarh Rail Systems Ltd shares are currently priced at 947.55 on NSE and 947.95 on BSE as of 2/27/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Titagarh Rail Systems Ltd [TITAGARH] share was 355.33. The Titagarh Rail Systems Ltd [TITAGARH] share hit a 1-year low of Rs. 207 and a 1-year high of Rs. 1248.9.

The market cap of Titagarh Rail Systems Ltd is Rs. 12761.01 Cr. as of 2/27/2024 12:00:00 AM.

The PE ratios of Titagarh Rail Systems Ltd is 47.9 as of 2/27/2024 12:00:00 AM.

The PB ratios of Titagarh Rail Systems Ltd is 6.1 as of 2/27/2024 12:00:00 AM

The Mutual Fund Shareholding was 10.35% at the end of 2/27/2024 12:00:00 AM.

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