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TITAGARH — Titagarh Rail Systems News Story

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India's Titagarh Rail Systems gains on pact with Siemens

BUZZ-India's Titagarh Rail Systems gains on pact with Siemens

** Shares of India's Titagarh Rail Systems TITG.NS rise as much as 2.4% to 845 rupees

** Railway wagons maker says it signed a non-binding memorandum of understanding with Siemens to jointly evaluate and explore international metro rolling stock opportunities on a case-to-case basis

** Stock rated "buy" on average by 7 analysts; median PT is 990 rupees - LSEG compiled data

** Stock down 6.2% YTD


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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