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Railway Stock Bags Rs 537.11 Cr Order From Adani Group, Shares Gain

Stock Split Next Week: Metals Stock Rallies 325% In 90-Days, Shares Hit 5th Upper Circuit

Titagarh Rail Systems Ltd shares witnessed gain of 0.75% on Bombay Stock Exchange (bse) as BSE Sensex declined 140.17 points to 76,153.43 at 3:27 pm on Wednesday. Current market price Titagarh Rail Systems share on BSE stood at Rs 844.70 per share. The rally in the stock was triggered after it informed BSE about its latest order win worth Rs 537.11 crore from Adani Group companies.

Meanwhile, Titagarh Rail Systems shares slipped 10.71% in last 2-weeks and offered returns of 296.21% in last 2-years. The company’s market capitalisation stood at Rs 11,402.83 crore. Its return on equity is 13.27%. Check details below:

Railway Stock Bags Rs 537.11 Cr Order From Adani Group, Shares Gain

Titagarh Rail Systems Bags New Order

As per the exchange filing of Titagarh Rail Systems dated February 12, 2025, “pursuant to Regulation 30 read with Schedule III of the Listing Regulations, we wish to inform you that the Company has received Letter of Acceptance (LOA) from Ambuja Cements Limited and ACC Limited, which are group companies of Adani Cement Limited, for “Manufacture and Supply of 16 nos. of BCFCM Rakes Wagon with BVCM Wagon”. The order value is about INR 537.11 Crores.”

Titagarh Rail Systems Shares Performance

The 52-week high price of Titagarh Rail Systems stock on BSE is Rs 1896.50 per share (as on 27/06/2024) and 52-week low price is Rs 782.10 per share (as on 13/03/2024), respectively. The scrip slipped 18.60% in last 1-month, fell 26.05% in last 3-months, and declined 10.11% in last 1-year. In last 3-years, Titagarh Rail Systems shares offered impressive gains of 718.48% and rose 1596.89% in last 5-years.

Titagarh Rail Systems To Consider Financial Results Tomorrow

The company informed bse on February 8, 2025 about its meeting of Board of Directors scheduled to be held on February 13, 2025. According to the exchange filing, “pursuant to Regulation 29 of Listing Regulations, this is to inform that a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, 13th day of February, 2025, to inter alia, consider and approve Unaudited Financial Results (Standalone & Consolidated) for the 3rd quarter and nine months ended 31st December.”

Titagarh Dividend History

Titagarh Rail Systems recommended a total of 14 dividends since July 17, 2008. In last 1-year, Titagarh Rail Systems announced an equity dividend amounting to Re 0.80 per share. It offers a dividend yield of 0.09%, according to Trendlyne. It never recommended any bonus share.

Titagarh Rail Systems Stock Split History

It split the face value of its shares once since April 23, 2015. The railway stock last sub-divided the face value of its shares from Rs 10 to Rs 2 in 2015.The ex-split date was set as April 23, 2015.

Disclaimer: The story highlights order win and should not be considered as investment awdvice by the Moneydaily.in or the Author.  Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.

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