Titagarh Rail Systems' stock is currently trading at Rs. 1637.30, marking an increase of 49.45 points or 3.11% from its previous close of Rs. 1587.85 on the BSE.

The stock opened at Rs. 1600.05, reaching a high of Rs. 1652.00 and a low of Rs. 1597.65. A total of 20,013 shares have been traded so far.

This BSE group 'A' stock, with a face value of Rs. 2, has seen a 52-week high of Rs. 1896.50 on June 27, 2024, and a 52-week low of Rs. 611.95 on August 14, 2023.

Over the past week, the stock’s high and low have been Rs. 1704.20 and Rs. 1460.00, respectively. The company's market capitalization currently stands at Rs. 21,965.96 crore.

Promoters hold 40.46% of the company, while institutional investors and non-institutional investors hold 33.69% and 25.84%, respectively.

Titagarh Rail Systems Limited (TRSL) has started exporting traction converters, with the first batch of 8 converters shipped to Titagarh Firema S.p.A in Italy on July 19, 2024. This shipment is part of a Euro 7.18 million (approximately Rs. 65 crore) order received from Titagarh Firema, representing the inaugural export of traction converters from Titagarh's Passenger Rolling Stock Facility in India.

Titagarh Firema secured an order from Regione Lazio, Italy, to design, manufacture, and supply 38 trainsets valued at around Euro 276 million, with a design speed of 100 kmph. Titagarh received an order from Firema, Italy, to supply traction converters for the first batch of 11 trains intended for the Regione Lazio Viterbo line, operating at 3 KV, and the Regione Lazio Lido line, operating at 1.5 KV. TRSL aims to ship two train sets, or eight converters, each month to fulfill the order.

The Titagarh Passenger Rolling Stock Facility in India has a current manufacturing capacity of 25 converters per month, which it plans to increase to 50 converters per month, including Mainline Electric Multiple Unit (MEMU) and Electric Multiple Unit (EMU) converters.

Formerly known as Titagarh Wagons, Titagarh Rail Systems is primarily involved in the production and sale of Freight Wagons, Passenger Coaches, Steel Castings, Specialized Equipment & Bridges, Ships, Heavy Earthmoving, and Mining Equipment.