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The Economic Times

Surbhi Khanna

Titagarh Rail Systems shares gain 3% after Indian Railways' approval for traction motor supply

Indian Railways Titagarh Rail Systems United States

Shares of Titagarh Rail Systems rallied up to 3% to the day’s high of Rs 858 against the previous closing of Rs 831 on NSE after Indian Railways approval for traction motor supply.

According to a filing with the exchange on Wednesday, the company has been included in the approved vendor category of Indian Railways for supply of three-phase asynchronous traction motor type 6FRA-6068 for three-phase locomotives, with an approved capacity of 1,200 numbers per annum for the company.

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