Titagarh Wagons gains on order win from Indian Navy
The stock up 4% at Rs 119 after the company has received an order for construction of two fuel barges for the Indian Navy in its recently added "Shipbuilding" vertical.
 "Titagarh Wagons gains on order win from Indian Navy")
Titagarh Wagons was up 4% at Rs 119 on the BSE, after the company said it has received an order for construction of two fuel barges for the Indian Navy in its recently added "Ship-building" vertical.
"The company has been accredited with registration by the Ministry of Defence (Navy), Directorate of Ship Production for undertaking construction of "Non-Weapon Platforms upto 120 m length" and "All types of Yardcraft" vide communication dated December 07, 2016 issued by the said authority," company said in press release.
The stock hit an intra-day high of Rs 120 on the BSE so far. A combined 1.19 million shares changed hands on the counter on the BSE and NSE till 10:28 am.
"The company has been accredited with registration by the Ministry of Defence (Navy), Directorate of Ship Production for undertaking construction of "Non-Weapon Platforms upto 120 m length" and "All types of Yardcraft" vide communication dated December 07, 2016 issued by the said authority," company said in press release.
The stock hit an intra-day high of Rs 120 on the BSE so far. A combined 1.19 million shares changed hands on the counter on the BSE and NSE till 10:28 am.