Titagarh Rail, RK Forgings surge up to 8%, hit new highs on strong outlook

Ramkrishna Forgings surged 8% to Rs 968.95 and TRSL soared 7% to Rs 1,689.95 in the intraday trade today

Shares of Titagarh Rail Systems (TRSL), and Ramkrishna Forgings (RKFL) rallied up to 8 per cent on the BSE on Monday, hitting their respective new highs in the intraday trade, on healthy business outlook.

RK Forgings surged 8 per cent to Rs 968.95, while TRSL soared 7 per cent to Rs 1,689.95 in the intraday trade. These stocks have zoomed 57 per cent and 70 per cent, respectively, from their June 5 lows. In comparison, the BSE Sensex was down 0.41 per cent at 76,883.

Last year, on June 15, 2023, these companies had informed that a consortium between