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Reading: Titagarh Rail Secures Order From Ambuja Cements and ACC
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StockWaves > Financial News > Titagarh Rail Secures Order From Ambuja Cements and ACC
Financial News

Titagarh Rail Secures Order From Ambuja Cements and ACC

StockWaves By StockWaves Last updated: February 12, 2025 4 Min Read
Titagarh Rail Secures Order From Ambuja Cements and ACC
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February 12, 2025February 12, 2025



Titagarh Rail Methods introduced on Wednesday 12 that it has acquired a letter of acceptance (LoA) from Ambuja Cements and ACC Ltd to fabricate and provide 16 BCFCM rake wagons along with BVCM wagons for a complete consideration of Rs 537.11 crore.

It’s scheduled to be completed between January 2026 and March 2027.

This week, the corporate introduced its intention to enter two new enterprise sectors along with its core practice operation.

It’ll enter the “Shipbuilding and Maritime Methods” sector with the intention to pursue maritime industrial actions, together with shipbuilding and ship restore.

The corporate has additionally introduced its plan to enter the “Signalling and security methods” trade, the place it is going to, topic to compliance, perform railway security and signaling-related actions equivalent to practice management and situation monitoring.

This division, based on Titagarh, will give attention to railway operations and develop and execute options that allow secure and efficient practice operations.

Final month, the corporate mentioned that it needs to create 1,000 wagons every month for the freight trade.

Vice-Chairman and Managing Director Umesh Chowdhary mentioned, “Within the earlier quarter (July-September 2025), we achieved a run price of about 900 wagons monthly or about 2,700 wagons 1 / 4. We’re pretty assured that from March quarter onwards, we can stabilize on the 3,000 wagon per quarter run price.”

Questioning About Titagarh Rail Methods? The Analyst Has Solutions.

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