Live Breaking News & Updates on Titagarh Rail Systems Target Price

Titagarh Rail Systems shares rose 5% after the company secured orders worth Rs 857 crore from Gujarat Metro Rail Corporation. The orders are for designing, manufacturing, supplying, and testing 72 Standard Gauge Cars for the Surat Metro Rail Phase-I Project. The stock has delivered substantial returns, surging 125% year-to-date and 403% in the last year. Brokerage firm Antique Stock Broking initiated coverage on the stock with a "buy" rating and a target price of Rs 694, citing attractive risk-reward factors and long-term growth potential. The company plans to increase its wagon manufacturing capacity to 12,000 wagons per year by FY24. ....

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