India, March 6 -- This small-cap stock, specializing in the design and manufacture of rolling stock, freight wagons, and metro trainsets, recently confirmed its Italian associate transferred its business unit for Rs 702 Crore to settle debts. Notably, the company in context has a 3-year profit CAGR of 883 percent.

With a market cap of about Rs 9,300 Cr, Titagarh Rail Systems Ltd saw its stock hit an intraday high of Rs 694 which is almost 5.5 percent higher than the previous close of Rs 658. The company stock has given a compounded return of 43 percent in the last three years.

News Titagarh Firema SpA, an Italian associate that was acquired in 2015 by Titagarh Rail Systems, has now transferred its business unit to Fabbrica Italiana Tren...