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Texmaco and Rail Vikas Nigam join forces to modernise India's rail infra

Two companies plan to set up a state-of-the-art wheelset manufacturing unit to improve domestic supply chains and reduce import dependence.Read more

Shyam Metalics forays into wagon manufacturing with new Kharagpur plant

In phase 1, the new Kharagpur manufacturing facility will have a production capacity of 2,400 wagons per annum, while phase II will double the output to 4,800 wagons annually.Read more

Titagarh will support the expanding passenger rail market: Prithish Chowdhary

As a leader in freight rolling stock and one of India’s largest wagon manufacturers, Titagarh is leveraging this surge in investment to scale its operations. Read more

Transformers and Rectifiers stock rises 5% following Rs 5.65 billion order

In addition to this latest order, the company secured another Rs 1.14 billion contract last month from Rajasthan Rajya Vidyut Prasaran Nigam Limited for the supply of 50 MVA, 132/33 KV power transformers, which are set to be delivered in the next financial year.Read more

Railway stocks to be in focus as FM Sitharaman reviews capex plan

The Finance Minister emphasised the need for the ministry to meet the capex target for the fiscal year 2024-25 within a set timeframe, building on the progress made in the first 100 days of the Modi government. Read more

Texmaco Rail reports 183% surge in Q1 net profit to Rs 357.3 million

In a strategic move, Texmaco Rail announced plans to acquire Jindal Rail Infrastructure for approximately Rs 6.15 billion.Read more

Texmaco Rail acquires Jindal Rail Infra for Rs 6.15 billion

This acquisition, the largest in India’s rolling stock industry, will significantly enhance Texmaco’s manufacturing capacity, establishing it as the country's largest wagon producer.Read more

Dixon Technologies signs MoU with Acerpure for consumer appliance manufacturing

Acerpure is involved in the trade, import, and export of consumer durables, home appliances, peripherals, accessories, components, parts, and related services.Read more

Titagarh Rail Systems to develop driverless metro trains

A critical supplier to Indian Railways, it currently produces 1,000 wagons a month.Read more

PTC Industries' stock soars 10% on strategic titanium parts pact with Dassault Aviation

The purchase agreement solidifies a commitment from Aerolloy to manufacture a comprehensive range of titanium castings for the Rafale multirole fighter aircraft and the Falcon business jet program, starting from the year 2024.Read more

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