Railway stock in green after winning contract Worth ₹537 Cr from Adani Cement

The shares of this small cap stock involved in the manufacture and distribution of railway related equipment came into focus after bagging an order worth Rs 537.11 crores from Ambuja Cements Limited and ACC Limited.

Price Action

With a market capitalization of Rs 11,256.03 crore, Titagarh Rail Systems Ltd fell 5.6 percent on Wednesday’s trading session and made an intraday low of Rs 791 per share compared to its previous closing price of Rs 838.40 per share. 

The stock retraced from its day’s low and was trading at Rs 835.80 which is 0.3 percent lower than the previous closing price.

What Happened

Titagarh Rail Systems Ltd was awarded a domestic order from Ambuja Cements Limited and ACC Limited, which are group companies of Adani Cements. This contract involves the manufacture and supply of 16 BCFCM Rakes Wagons with BVCM Wagons, for a consideration of ~Rs 537.11 crore, and is scheduled for execution between January 2026 and March 2027.

About the Company

Titagarh Rail Systems Ltd is involved in the production and sale of metro trains, freight wagons, train electrical systems, passenger coaches, steel castings, specialized equipment, bridges, and ships. The company has 4 manufacturing facilities with a capacity of 12,000 wagons and 300 coaches per year. 

With around 30 percent market share in wagon manufacturing, Titagarh Rail Systems is the only Indian company producing both wagons and coaches. The company has secured orders worth Rs 12,207 crore on its own and an additional Rs 13,326 crore as its share from joint ventures (JVs).

Written by Shwetha Sairam

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