Titagarh Rail System Ltd consortium receives LoA for Pune Metro Rail Project

The Consortium of Titagarh Rail System Limited and Titagarh Firema S.p.A, associate company, has received Letter of Approval for "Supply of 12 additional trainsets as quantity variation under clause A.6 of Contract No: P1/RS-01/2018: Design, Manufacture, Supply, Testing, and Commissioning of passenger Rolling Stock (Electrical Multiple Units) and Training of Personnel for Pune Metro Rail Project" from Maharashtra Metro Rail Corporation Limited. The order value is about INR 430.53 Crores.

Shares of Titagarh Rail System Limited was last trading in BSE at Rs. 936.05 as compared to the previous close of Rs. 938.85. The total number of shares traded during the day was 385680 in over 10066 trades.

The stock hit an intraday high of Rs. 969.60 and intraday low of 933.75. The net turnover during the day was Rs. 367604423.00.

Source : Equity Bulls

Keywords

TitagarhRailSystem INE615H01020 TitagarhFiremaSpA Consortium OrderWin PuneMetroRailProject