Latest Titagarh Rail Systems News
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The Economic Times
Buy the dip in Titagarh Rail as share price can touch Rs 2,000 in near term: Kunal Shah
"The Nifty index experienced a strong momentum rally over the past 3-4 days, followed by some profit booking at higher levels. The immediate resistance stands at 24,200, and a sustained move above this level will confirm the continuation of the ongoing uptrend."
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Sun, Jun 30, 2024
The Economic Times
Railways to revise Rs 31,000 cr wagon procurement plan
The Indian Railways has revised its ₹31,418 crore wagon procurement plan after supplier Modern Industries failed to fulfill a contract. The plan, which aimed to supplement the 300,000 existing wagons on the network, was placed with seven suppliers in July 2022. The largest order was placed with Titagarh Wagons for 24,177 units. Modern Industries was supposed to supply 9,242 wagons for ₹3,776.35 crore, but the order was scaled down to 3,151 wagons for ₹1,287.54 crore last month under force majeure conditions.
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Sat, Jun 29, 2024
