Titagarh Rail Systems zooms after its associate transfers business unit to Fabbrica Italiana Treni S.p.A
The consideration received by Firema has been utilized for payment to secured and unsecured creditors of Firema under the CNC process under the Court of Naples
Titagarh Rail Systems is currently trading at Rs. 687.10, up by 28.75 points or 4.37% from its previous closing of Rs. 658.35 on the BSE.
The scrip opened at Rs. 655.35 and has touched a high and low of Rs. 694.35 and Rs. 652.65 respectively. So far 94123 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 974.05 on 19-May-2025 and a 52 week low of Rs. 638.80 on 04-Mar-2026.
Last one week high and low of the scrip stood at Rs. 694.35 and Rs. 638.80 respectively. The current market cap of the company is Rs. 9270.94 crore.
The promoters holding in the company stood at 40.46%, while Institutions and Non-Institutions held 23.26% and 36.28% respectively.
Titagarh Rail Systems’ associate -- Titagarh Firema SpA, Italy (Firema) has completed the transfer of its business unit to Fabbrica Italiana Treni S.p.A (owned by government of Italy) (Ferroviere Della Stato - State Railways) for a net consideration of 66,095,000 euros.
The consideration received by Firema has been utilized for payment to secured and unsecured creditors of Firema under the CNC process under the Court of Naples. The residual assets of Firema post the above transfer will be dealt with as may be deemed appropriate by its Board. As of date there is no change in the shareholding of the residual Firema.
Titagarh Rail Systems is formerly known as Titagarh Wagons. The company is mainly engaged in the manufacturing and selling of Freight Wagons, Passenger Coaches, Steel Castings, Specialised Equipments & Bridges, Ships, Heavy Earthmoving and Mining Equipments, etc.

