Railway stock jumps after receiving order worth ₹1,598 Cr from Mumbai Metropolitan Region Development Authority
News by Aliceblue News Desk
04 Aug 2025
Introduction
Leading railway equipment manufacturer received a ₹1,598.55 crore order for 108 metro coaches for Mumbai Metro Line 6, including design, supply, testing, commissioning, and five years of comprehensive maintenance.
Share price movement of Titagarh Rail Systems
On August 4, 2025, Titagarh Rail Systems Ltd opened at ₹854.95, up 2.15% from its previous close of ₹837.05. The stock reached a high of ₹861.85 and a low of ₹845.20. By 11:09 AM, it traded at ₹852.40, marking a 1.83% increase, with a market cap of ₹11,479.59 crore.
Titagarh Rail Systems Secures Major Metro Order
Titagarh Rail Systems Ltd received a Letter of Acceptance from NCC Limited on August 2, 2025. The order involves designing and manufacturing metro rolling stock for Mumbai Metro Line 6.
The project includes 108 metro coaches (18 trains of 6 cars each). It covers supply, installation, integration, testing, and commissioning. It also includes 5 years of comprehensive maintenance after a 2-year defect liability period.
The total order value is ₹1,598.55 crore. This contract is for Mumbai Metropolitan Region Development Authority’s Line 6 from Swami Samarth Nagar to Vikhroli (EEH).
Recent news on Titagarh Rail Systems
As of July 13, 2025, Titagarh Rail Systems Ltd leased 40 acres for ₹126 crore to expand Vande Bharat and metro coach production at its Uttarpara facility in Hooghly district, West Bengal.
Stock performance of Titagarh Rail Systems for Period of 1 week, 6 months, and 1 year
Titagarh Rail Systems Ltd delivered a -1.37% return over the past week, declined by 8.17% in the past six months. The stock dropped 44.2% over the past year.
Shareholding pattern of Titagarh Rail Systems
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 41% | 41% | 41% |
| FII | 9.50% | 11.60% | 13.70% |
| DII | 11.70% | 13.40% | 15.00% |
| Public | 38.40% | 34.50% | 30.90% |
About Titagarh Rail Systems
Titagarh Rail Systems Ltd (NSE: TITAGARH) manufactures freight wagons, metro trains, passenger coaches, and specialized equipment, catering to domestic and international markets since its incorporation in 1997.
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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 Titagarh Rail Systems Ltd share price going up today?
A: The stock of Titagarh Rail Systems Ltd rose after securing a ₹1,598.55 crore order for Mumbai Metro Line 6 rolling stock project.
Q: What does Titagarh Rail Systems Ltd specialize in?
A: Titagarh Rail Systems Ltd specializes in designing and manufacturing railway coaches, metro trains, and freight wagons.
Q: How much stake do promoters hold in Titagarh Rail Systems Ltd stock?
A: Promoters hold approximately 41% stake in Titagarh Rail Systems Ltd, as per the latest shareholding data of June 2025.
News Author
Aliceblue News Desk
