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The latest announcement is out from Titagarh Rail Systems Ltd ( (IN:TITAGARH) ).
Titagarh Naval Systems Limited, a wholly owned subsidiary of Titagarh Rail Systems, has launched the fourth Diving Support Craft, A23 (YARD 328), for the Indian Navy in Kolkata as part of a five-vessel series under the Make in India initiative. The 30-metre catamaran-type craft, equipped with advanced indigenously sourced systems, will support clearance diving teams in inspection, repair, maintenance, salvage and training, strengthening naval operational preparedness and underscoring Titagarh’s growing role as a focused maritime and defence shipbuilding partner for India.
More about Titagarh Rail Systems Ltd
Titagarh Rail Systems Limited is an Indian engineering group with a dedicated maritime arm, Titagarh Naval Systems Limited, focused on defence and commercial shipbuilding. Through this subsidiary, the company is expanding into specialised naval platforms for the Indian Navy, aligning with India’s Make in India and self-reliance goals in defence manufacturing.
Average Trading Volume: 108,104
Technical Sentiment Signal: Hold
Current Market Cap: 96.65B INR
For a thorough assessment of TITAGARH stock, go to TipRanks’ Stock Analysis page.