Titagarh Rail Share Price Gains After ₹312 Crore Wagon Order From Indian Railways

Market Performance

Titagarh Rail share price witnessed a notable uptick in trade on Monday, July 21, 2025.

The stock rebounded from intraday lows and ended the session 1.3% higher at ₹938 on the NSE.

However, despite the gain, the stock remains significantly below its 52-week high of ₹1,707.7, marking a drop of over 50% from its peak levels.

Main News

Titagarh Rail Systems Ltd. announced it has secured a Letter of Advance Acceptance (LOA) for a major order valued at ₹312 crore from the Ministry of Railways, Government of India.

The contract includes manufacturing and supplying 780 BVCM-C wagons, crucial for enhancing India’s freight transportation infrastructure.

As per the filing, the execution of this order is expected to be completed within nine months from the contract award date.

Company Details

Titagarh Rail Systems is a prominent player in the Indian rolling stock and rail infrastructure sector.

This new order adds to the company’s robust portfolio of government and private sector projects.

Earlier this year, in February 2025, the company bagged a separate contract from Ambuja Cements and ACC Ltd. for:

• 16 BCFCM rake wagons
• Includes BVCM wagon integration
• Total contract value: ₹537.11 crore

These contracts reinforce the company’s expanding role in freight transportation solutions.

Additionally, the company revealed that its current order book stands at ₹24,000 crore, reflecting a healthy pipeline of projects across various segments.

Freight Business Execution

Titagarh Rail continues to demonstrate strong execution capabilities in the freight division.

As per company statements, the ongoing execution rate ranges between 700–800 wagons per month.

This performance indicates consistent output and the ability to handle large-scale projects within stipulated timelines.

Revenue Insights

While specific quarterly or annual revenue figures were not disclosed in this filing, the new and previous orders contribute significantly to the company’s overall revenue stream.

With consistent wagon manufacturing contracts, the revenue trajectory remains strong in the near-to-medium term.

Summary

• Titagarh Rail share price rose 1.3% to ₹938 on July 21 following a major order win.
• The company received a ₹312 crore contract from the Ministry of Railways for 780 BVCM-C wagons.
• Order completion timeline: 9 months from contract award.
• Previous contract in February 2025 from Ambuja Cements and ACC Ltd. was worth ₹537.11 crore.
• Current order book value: ₹24,000 crore.
• Monthly freight wagon output: 700–800 units.
• The stock is still down over 50% from its record high of ₹1,707.7.