India's Titagarh Rail Systems jumps on capacity expansion nod

Titagarh Rail Systems

07/04/2026 09:04

** Shares of India's Titagarh Rail Systems TITG.NS up about 12% to 713.75 rupees

** Railway wagons maker receives approval for brownfield capacity expansion project in West Bengal state from ministry of ports

** Co says total cost for project is about 6.10 billion rupees ($65.7 million)

** Trading vols at 15.5 million shares, vs 30-day average of 690,137 shares

** Stock rated "strong buy" on average by 5 analysts, median PT at 1,000 rupees -- data compiled by LSEG

** YTD stock down 28.32%

($1 = 92.8975 Indian rupees)

 (Reporting by Devika Nair in Bengaluru)

 ((Devika.MadhusudhananNair@thomsonreuters.com;))