Titagarh Wagons hits 4-year high; gains 26% in 2 weeks on strong order book

As on March 2002, TWL had a strong diversified order book position of Rs 15,123 crore across Indian (Rs 10,675 crore) and Italian business (Rs 4,448 crore) operations.

Shares of Titagarh Wagons (TWL) hit a four-year high of Rs 127.60, rising 3 per cent on the BSE in Tuesday’s weak market. In the past two weeks, the stock has outperformed the market by surging 26 per cent on a strong order book position. It was trading at its highest level since March 2018. In comparison, the S&P BSE Sensex was down 0.36 per cent at 09:37 am.

In the past one year, the stock has rallied 75 per cent, as against a 3.5 per cent rise in the Sensex. It had it a record high of Rs