Titagarh Wagons Ltd

Titagarh Wagons to invest Rs 650-700 crore over next four-to-five years to ramp up capacities

Titagarh Wagons has also decided to form a new joint venture company with Titagarh Firema SpA, (TFA) Italy

Ramkrishna Forgings-Titagarh Wagons consortium needs to supply around 15.4-lakh forged wheels over 20-year timeline. 

Having been the second-lowest bidder, the TWL-BHEL consortium is eligible to get 80 trainsets

Titagarh Wagons is looking to invest close to₹Rs1000 crore over the next three-to-five years for expanding wagon manufacturing capacity

Buzzing stocks: Future Retail, Apollo Hospitals, Bata, BPCL, Coal India, Max Healthcare, Max India, MOIL, MSTC, Nalco, NHPC, PFC, Religare, SJVN, Suzlon, SIS, Titagarh Wagons

Standalone business (primarily India) started picking up from Q2FY21 onwards, while in Italy, the first nine months were impacted due to pandemic

To procure 4.8 MW to electrify 3 units; expects significant savings in costs