TITAGARH RAIL SYSTEMS (TITAGARH) — Announcement

📢 Key Event
TRSL signs non-binding MoU with Siemens for metro project collaboration

Titagarh Rail Systems announced a non-binding MoU with Siemens to explore joint ventures in global metro projects, aiming to boost local manufacturing in India. The partnership could expand the company's international footprint and diversify revenue streams, though no financial commitments were disclosed.

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About TITAGARH RAIL SYSTEMS LIMITED (TITAGARH)

Capital Goods · Capital Goods-Non Electrical Equipment · Listed on NSE

Market Cap: ₹10,956.38 Cr P/E: 57.3 ROE: 7.6% ROCE: 10.9% Div Yield: 0.12%

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