Railway Stocks - 1: Titagarh Wagons has Strong Order Book, Low Margins
Moneylife Digital Team 06 January 2023
Established in 1997, Titagarh Wagons Ltd (TWL) manufactures freight wagons, bailey bridges, heavy earth-moving and mining equipment, steel and spheroidal graphite iron castings, electric multiple units (EMUs) and other products. TWL was established as forward integration of its promoters’ existing business of steel foundry for the Indian Railways (IR). Over the years, it has diversified its...
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