India's Titagarh Rail jumps as Systematix remains positive on strong execution, new order

Titagarh Rail Systems

22/12/2025 10:15

** Shares of Titagarh Rail Systems TITG.NS jump 4% to 815 rupees, their biggest jump since September 9

** Brokerage Systematix sees gains from strong execution in PRS (passenger rail systems) segment, resolution of constraints in wheelset business and new railway orders

** Maintains "buy" rating with PT at 1,023 rupees

** TITG rated "strong buy" by six analysts covering it; median PT at 1,043 rupees - data compiled by LSEG

** YTD, TITG down ~26%

(Reporting by Komal Salecha)

((Komal@thomsonreuters.com;))