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Presstonic Engineering gains 20% after winning ₹115 Cr contract from Titagarh Rail Systems

News by Aliceblue News Desk

06 Feb 2026

Presstonic Engineering gains 20% after winning ₹115 Cr contract from Titagarh Rail Systems

Introduction

Leading engineering firm secures ₹115.09 crore Mumbai Metro contract from Titagarh Rail Systems for design, supply, installation, and testing of saloon interiors for 240 cars.

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Share price movement of Presstonic Engineering

On February 6, 2026, Presstonic Engineering Limited opened at ₹46.00, up 3.60% from its previous close of ₹44.40. The stock reached a high of ₹53.25 (19.93%) and a low of ₹42.00. By 2:53 PM, it traded at ₹52.45, an 18.13% increase, with a market cap of ₹80.85 crore.

Presstonic Wins Mumbai Metro Contract

Presstonic Engineering Ltd has secured a contract from Titagarh Rail Systems for the Mumbai Metro project. The order covers design, manufacture, supply, installation, testing, and commissioning of saloon interiors.

The contract is worth ₹115.09 crore for 240 cars on Lines 5 and 6. Delivery is scheduled between May 2026 and November 2028, boosting Presstonic’s order book and rail segment operations.

Stock performance of Presstonic Engineering for Period of 1 week, 6 months, and 1 year

Presstonic Engineering Ltd declined 0.89% over the past week, 40.2% over the past 6 months, and 50.4% over the past 1 year.

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Shareholding pattern of Presstonic Engineering

ParticularsSep 2025Mar 2025Sep 2024
Promoter58.00%58.00%58.00%
FII0.00%0.00%0.00%
DII0.00%0.00%0.00%
Public42.00%42.00%42.00%

About Presstonic Engineering

Presstonic Engineering Ltd (NSE: PRESSTONIC), incorporated in 1996, manufactures metro rail rolling stock, railway signaling, infrastructure products, and related components for the transportation and rail industry.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Presstonic Engineering Ltd share price rising today?

A: Presstonic Engineering Ltd share price rose 19.93% today following the award of a ₹115.09 crore Mumbai Metro contract.

Q: What is Presstonic Engineering Ltd’s main business focus?

A: Presstonic Engineering Ltd focuses on manufacturing metro rail rolling stock, railway signaling products, infrastructure products, and related components.

Q: What are the 52-week high and low of Presstonic Engineering Ltd stock?

A: Presstonic Engineering Ltd stock recorded a 52-week high of ₹121.19 and a 52-week low of ₹36.25.

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