Titagarh Wagons is currently trading at Rs. 115.25, up by 5.15 points or 4.68% from its previous closing of Rs. 110.10 on the BSE.
The scrip opened at Rs. 116.40 and has touched a high and low of Rs. 117.40 and Rs. 115.45 respectively. So far 95,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 146.40 on 08-Feb-2016 and a 52 week low of Rs. 84.00 on 24-May-2016.
Last one week high and low of the scrip stood at Rs. 117.40 and Rs. 106.60 respectively. The current market cap of the company is Rs. 1,337.00 crore.
The promoters holding in the company stood at 45.92%, while Institutions and Non-Institutions held 24.66% and 29.41% respectively.
Titagarh Wagons has received Letter of Intent (LoI) from the National Institute of Ocean Technology under the Ministry of Earth Sciences, Government of India for design, construction and delivery of two Coastal Research Vessels valued at about Rs 100 crore. The above order is in consolidation of the order book position of the Shipbuilding vertical of the company.
Titagarh Wagons is engaged in the business of manufacturing Railway Wagons, EMU (Rail Coaches), Bailey Bridges, Heavy Earth, Moving and Mining Equipment, Steel and SG iron castings of moderate to complex configuration etc.