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WAGON PROCUREMENT
Jupiter Wagons Q4 Results: Cons PAT tumbles 72% to Rs 29 crore, revenue falls 25% YoYJupiter Wagons saw its net profit drop 72% to Rs 29 crore in the March quarter. Revenue also fell 25% to Rs 780 crore. The company's EBITDA...- Titagarh, Jupiter Wagons shares rally up to 10% amid reports of Rs 40,000 crore order from Indian RailwaysRailway stocks surged up to 10% on Monday. Indian Railways is preparing a large tender for one lakh freight wagons. This procurement is exp...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Here’s a thing investors in equity need to keep in mind. A large part of the upmove one might see in the next one or two trading sessions w...
- From 7 paise stocks to Rs 8,000 crore companies: How 18 penny stocks turned into small and midcap multibaggersSome Indian penny stocks have delivered exceptional returns. At least 18 companies, once trading below Rs 20, have grown to market capitali...
- West Bengal election results put these 43 stocks under spotlight. Will BJP's win be a trigger?Early West Bengal election trends putting BJP ahead of TMC have pushed stocks like Bandhan Bank, CESC, and Berger Paints into focus. Invest...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsOver the next few sessions, as the uncertainty caused by the Gulf war intensifies and makes you anxious, remember this: It is not the first...
- Railways to revise Rs 31,000 cr wagon procurement planThe Indian Railways has revised its ₹31,418 crore wagon procurement plan after supplier Modern Industries failed to fulfill a contract. The...
- Robust demand from private sector for rakes: Jupiter Wagons“There is a very strong demand on the private side because people now want guarantees,” Vivek Lohia, the Managing Director of Jupiter Wagon...
- Titagarh Wagons rallies 7% after Rs 1,741-crore order winThe stock is currently trading at 9.5 times FY20 estimated earnings.
- Railways to spend Rs 9000 crore in 3 years on new wagonsA senior railway ministry official told ET that the national transporter aims to procure about 38,000 new wagons by 2020, a move that will ...
- Railways to give wagon contracts in bulk to meet future demandThe ministry has also decided to carry out all railway procurement and contracts under the reverse auction route through electronic mode.
- Wagon majors Texamco, Titagarh excited on procurement targetsThe government in the budget said an adequate number of rolling stock such as 12,000 wagons, 5160 coaches and 700 locomotives will be procu...
- Railway Ministry to scrap bids for 9,500 wagons, water plantsRail Neer is the packaged drinking water produced and supplied in trains by the railways catering arm, the Indian Railway Catering and Tour...
- Coal India to invest Rs 500 crore in JV with railways to procure rail wagonsCoal India will invest about Rs 500 crore in its joint venture with Indian Railways to procure rail wagons for transporting coal. Rakes wil...
- Railways facing shortage of 2,000 wagons dailyThe Railways assesses the requirement of wagons and places demand for new wagons every year as augmentation of freight stock is a continuou...
- Rail Budget 2014: 'Achhe Din' for biz customers as freight operations get a boostThe railways plans to launch online registration of wagon demand in the next two months.
- Rail Budget 2014: Mixed bag for wagon majorsWagon makers cheered the first Railway budget for laying foundation for the long term future but rued the absence of wagon procurement deta...
- Titagath Wagon cancels demerger planThe subsidiary was to allot 12 equity shares to the equity shareholders of Titagarh Wagons Ltd for every 100 shares held by them.
- Railways plans to use alloys in wagons to cut costsThis steel is expected to lower the production cost by about Rs 6-7 lakh per wagon, which costs around Rs 35 lakh.
- Railways to procure 20,000 wagonsAiming at higher capacity, Railways are going ahead with their plan to procure 20,000 wagons during current financial year 2008-09.
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