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titagarh rail systems share price: Titagarh Rail shares jump 9% after Morgan Stanley initiates with overweight rating

Morgan Stanley sees freight as a significant revenue generator for Titagarh, while also acknowledging the potential of the passenger business for growth. The firm anticipates an impressive 28% earnings compound annual growth rate (CAGR) for Titagarh over the period spanning FY 24-27. ....

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Titagarh Rail Systems shares climb 8% on receiving Rs 170-crore order from Defence Ministry

In Q3 FY24, Titagarh Rail Systems reported a 91.3% rise in profit after tax to Rs 75.03 crore. The company had posted a PAT of Rs 39.22 crore in the year-ago period. Revenue from operations jumped 24.6% to Rs 954.68 crore in Q3 FY24 from Rs 766.40 crore recorded in the corresponding quarter of the previous year. ....

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