23 Aug 2025

Titagarh Rail Systems Secures RS 467.25 Crore Order from GRSE; Stock Trades Higher

Titagarh Rail Systems is currently trading at RS 856.40, up by 0.95 points or 0.11% from its previous closing of RS 855.45 on the BSE.

The stock opened at RS 869.90 and recorded a high of RS 884.90 and a low of RS 843.35. A total of 380014 shares have been traded on the counter so far.

A BSE group 'A' stock with a face value of RS 2, Titagarh Rail Systems touched a 52-week high of RS 1509.00 on August 27, 2024, and a 52-week low of RS 655.30 on March 4, 2025. Over the past week, the scrip hit a high of RS 884.90 and a low of RS 815.00. The company’s current market capitalization stands at RS 11570.50 crore.

In terms of shareholding, promoters hold 40.46%, institutions hold 21.18%, and non-institutions account for 38.36%.

Titagarh Rail Systems (TRSL), through its Shipbuilding and Maritime Systems (SMS) Division, has bagged its single largest order worth RS 445 crore, along with RS 22.25 crore towards GST, aggregating to a total order value of RS 467.25 crore. The order has been awarded by Garden Reach Shipbuilders & Engineers (GRSE) for the construction, trials, and delivery of two Coastal Research Vessels (CRVs) for the Geological Survey of India (GSI).

The new CRVs are expected to significantly boost India’s maritime research infrastructure by supporting advanced seabed geology studies, oceanic resource exploration, and environmental sustainability. Equipped for real-time analysis and long-duration research missions, these vessels will enable offshore geological mapping, mineral exploration, ocean monitoring, and shipboard scientific analysis.

Formerly known as Titagarh Wagons, Titagarh Rail Systems is engaged in manufacturing and selling freight wagons, passenger coaches, steel castings, specialized equipment & bridges, ships, heavy earthmoving and mining equipment, among other products.