Introduction:
Leading railway company has restructured its leadership and expanded into shipbuilding, maritime systems, and railway signaling. Key executive appointments and a stock option grant highlight its commitment to diversification, strengthening its position in the transport and infrastructure sector.
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Share price movement of Titagarh Rail Systems:
On February 4, 2025, Titagarh Rail Systems Ltd opened at ₹925.00, up 1.59% from its previous close of ₹910.50. The stock reached a high of ₹939.00 (3.13%) and a low of ₹898.20. By 10:02 AM, it traded at ₹929.00, a 2.03% increase, with a market cap of ₹12,511.19 crore.
Titagarh Expands Leadership & Business Verticals:
Titagarh Rail Systems Limited has restructured its leadership and expanded its business into shipbuilding, maritime systems, and railway signaling. Anil Kumar Agarwal has been promoted to Deputy Managing Director, overseeing both Freight and Passenger Rail Systems to enhance operational efficiency.
Additionally, Saket Kandoi has been appointed as Director & CEO (Maritime), leading the company’s new maritime division while also serving as interim CEO of Freight Rail Systems. This strategic expansion aims to strengthen the company’s foothold in the transport and infrastructure sector.
Further, the board has approved the grant of 5,00,000 stock options under the TRSL ESOP Scheme 2023. These decisions reflect the company’s commitment to diversifying its portfolio, ensuring leadership continuity, and driving long-term sustainable growth.
Recent news on Titagarh Rail Systems:
As of January 8, 2025, Kolkata-based Titagarh Rail Systems Ltd aims to achieve a production run-rate of 1,000 wagons per month. The company also delivered a Made-in-India driverless train set for Bengaluru Metro’s Yellow Line, strengthening its passenger rolling stock portfolio.
Stock performance of Titagarh Rail Systems for Period of 1 week, 6 months and 1 year:
Titagarh Rail Systems Ltd has faced a downturn, with a 0.51% decline over the past week, a steep 32.7% drop in six months, and a 10.8% decrease over the past year, reflecting market challenges and sectoral pressures.
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Shareholding pattern of Titagarh Rail Systems:
| All values in % | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 40.50% | 40.50% | 40.50% |
| FII | 13.70% | 16.30% | 19.60% |
| DII | 15.00% | 14% | 14% |
| Public | 30.90% | 29.30% | 25.80% |
About Titagarh Rail Systems:
Titagarh Rail Systems Ltd (NSE: TITAGARH), established in 1997, manufactures freight wagons, passenger coaches, metro trains, train electricals, and ships. As India’s only company producing both wagons and coaches, it holds a 25-30% market share in wagon manufacturing.
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.
