Titagarh Wagon Share Price Rises After Winning ₹312.69 Crore Railway Order

In a significant development for the Indian railway manufacturing sector, Titagarh Rail Systems Limited has announced the receipt of a Letter of Advance Acceptance from the Ministry of Railways. 

Titagarh Wagon Secures Order From Ministry Of Railways

Titagarh Rail Systems Limited has received a formal Letter of Advance Acceptance (LOA) for a substantial manufacturing order. The Ministry of Railways has placed an order for the manufacture and supply of 780 BVCM-C wagons. These wagons are crucial components in the Indian Railways’ freight and logistics operations, signalling an ongoing commitment to modernisation and capacity expansion.

Order Valued At ₹312.69 Crore

The total value of the contract is approximately ₹312.69 crore. The execution period for the entire order is scheduled over nine months from the date of contract placement. This project highlights the confidence the Indian Railways continues to place in domestic manufacturing players such as Titagarh.

Contract Details And Scope

The scope of the contract involves the complete manufacture and delivery of 780 BVCM-C wagons. These wagons are used primarily for carrying bulk commodities efficiently. According to the disclosure, the contract is entirely domestic in nature and does not fall under related party transactions. There is no involvement or interest of the promoter group in the awarding entity.

Significance For Titagarh And The Sector

This development reinforces Titagarh’s position as a key partner to Indian Railways in the rolling stock space. As the government continues to push for stronger infrastructure and logistical networks under various national programmes, such contracts offer a steady pipeline of business for domestic manufacturers.

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Titagarh Share Price Performance

As of 12:52 PM on July 21, 2025, Titagarh wagon share price is trading at ₹938.90, a 1.39% increase.

Conclusion

The awarding of the ₹312.69 crore wagon manufacturing contract marks another milestone in Titagarh Rail Systems’ continued association with the Indian Railways. While the share price has reacted positively, the true impact of this deal will unfold as the company begins execution and delivery within the stipulated timeframe.

This development aligns with India’s broader infrastructure and manufacturing goals, and highlights the role of private players in delivering large-scale public sector projects.

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