Stock of this railway wagon company has zoomed over 800% in 20 months

The stock of railway wagons maker had hit a record high of Rs 867 on Thursday, October 19. In the past year, the market price of TRSL has zoomed 438 per cent

Shares of Titagarh Rail Systems Limited (TRSL) rallied 9 per cent to Rs 866 on the BSE in Friday’s intra-day trade after the company inked a Rs 350-crore contract with Gujarat Metro Rail Corporation Limited (GMRC) for the Ahmedabad Metro Rail Phase-II Project.

The stock of railway wagons maker had hit a record high of Rs 867 on Thursday, October 19. In the past one year, the market price of TRSL has zoomed 438 per cent, as compared to 10.5 per cent rise in the S&P BSE Sensex.

While, in the past 20 months, the stock has skyrocketed 844 per cent from