Archive · 22 Aug 2025
Titagarh Rail Wins ₹467 Crore Order; Stock Reacts
Titagarh Rail Systems got a big order to build two special ships called Coastal Research Vessels for ₹467.25 crore.
These ships will help scientists study the ocean floor and environment, like looking for minerals and monitoring pollution.
The order came from Garden Reach Shipbuilders.
The company's stock was not moving much on Friday, but it has gone up a lot in value over the last few years.
Titagarh Rail Systems secured a ₹467.25 crore order from Garden Reach Shipbuilders & Engineers (GRSE).
The order is for the construction, trials, and delivery of two Coastal Research Vessels (CRVs).
These vessels will be used for advanced studies in seabed geology and environmental sustainability.
Titagarh Rail stock traded on a flat note on Friday.
The stock has risen significantly over the past few years, with a 52-week high of ₹1509.
- Who
- Titagarh Rail Systems and Garden Reach Shipbuilders & Engineers (GRSE).
- What
- Titagarh Rail Systems secured a ₹467.25 crore order for two Coastal Research Vessels.
- When
- The stock traded on a flat note on Friday.
- Where
- Not specified.
- Why
- To enhance India's maritime research by supporting advanced studies in seabed geology, oceanic resources, and environmental sustainability.
- Company
- Titagarh Rail Systems
- Order Value
- ₹467.25 crore
- From
- Garden Reach Shipbuilders & Engineers (GRSE)
- Vessels
- Coastal Research Vessels
- Stock Price (Friday)
- Flat
- 52-Week High
- ₹1509
