Titagarh Rail Systems soared 13 per cent to ₹870 in intraday on the back of a 10-fold jump in trading volumes. Texmaco Rail & Engineering surged 8 per cent, while Jupiter Wagons gained 7 per cent .
The BJP's victory in West Bengal, wrote analysts at Nomura in a note, could lead to expectations of improved governance, ease of doing business and enhanced infrastructure spending.
Titagarh Naval Systems has received in-principle approval for its brownfield expansion project at Falta, West Bengal, under the Government of India's Shipbuilding Development Scheme (SbDS)
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Jefferies has set a target of ₹810 for Titagarh and ₹200 for Jupiter Wagons, implying an upside of 28 per cent for Titagarh, while a 22 per cent downside for Jupiter Wagons
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Railway stocks surged after the Indian Railways implemented a revised passenger fare structure which marks the second fare hike in the 2025-26 financial year
Jupiter Wagons (JWL) surged 9% to ₹337.70 on the back of over four-fold jump in the average trading volumes; the stock has zoomed 30% in two days.
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Titagarh Rail posted a decline in revenue and profit for FY26, as wheelset availability constraints weighed on wagon production, analysts at Nuvama said