Titagarh Rail and BHEL Rs24,000 Crore Mega Rail Deal: Here's Everything Investors Should Know
India, Sept. 16 -- The shares of a Small-cap company specializing in the design, development, and manufacturing of advanced automotive components and systems for Tier-1 Original Equipment Manufacturers (OEMs) are in focus after it signed a contract for the long-term maintenance of Vande Bharat sleeper trainsets.
With a market capitalisation of Rs. 10,795.45 crore in the day's trade, the shares of Titagarh Rail Systems Ltdjumped up to 2.26 percent, making a high of Rs. 829.90, compared to the previous close of Rs. 811.55.
What Happened
Titagarh Rail Systems Ltd (TRSL) and Bharat Heavy Electricals Ltd (BHEL) have entered into a contract for the maintenance of Vande Bharat sleeper train sets in the long run. This contract forms a part of ...
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