Titagarh Rail Systems Limited (TITAGARH.BO)
Titagarh Rail Systems Limited operates in the Railroads industry of the Industrials sector, headquartered in Kolkata, WB, IN. The stock last traded at $832.45, down 2.19% on the session, giving a market capitalisation of $112.15B. Its beta of 0.82 implies it has historically moved less than the broad market.
Titagarh Rail Systems Limited, an India-headquartered company with a global presence, is a prominent manufacturer and seller of integrated rail systems for both freight and passenger applications. Its comprehensive offering for freight transportation encompasses essential components like loco shells, couplers, draft gears, cast bogies, and manganese steel crossing products, in addition to a diverse range of wagons including those designed for carrying automobiles, flatbeds, hoppers, tanks, covered goods, and specialized purposes, along with brake vans. In the passenger segment, the company supplies advanced rolling stock such as high-speed electric locomotives, electric multiple unit (EMU) train sets, urban metro rail systems, light rail transport, and diesel-electric multiple units (DEMUs), including their core body shells and bogies. Furthermore, Titagarh provides critical propulsion and electrical equipment, which includes traction converters, power electronics, complete propulsion systems, auxiliary power supplies, electronic equipment, traction motors, and sophisticated train control and monitoring systems, alongside their associated hardware and software. Beyond manufacturing, the company extends its expertise through a wide array of services such as redesign, comprehensive maintenance, global assistance, repair, inspection, refurbishing, electrical equipment and systems upgrades, exterior and interior facelifts, and power enhancements. Demonstrating its diversified engineering capabilities, the company is also involved in shipbuilding, producing coastal research vessels, naval ships, passenger vessels, tugs, and inland water transport craft. It manufactures various types of bridges, including modular panel, bailey, unibridges, and matière X bridges, and supplies specialized defense products like shelters, wagons, EMI/EMS containers, CBRNe equipment, mine ploughs, pressure vessels, and specialized canopies. Founded in 1983 and based in Kolkata, India, the company underwent a name change from Titagarh Wagons Limited to Titagarh Rail Systems Limited in May 2023.
Titagarh Rail Systems Limited is most often compared with the following Industrials names: