Titagarh Rail shares in focus after Bengal land deal to boost Vande Bharat coach output

Titagarh Rail Methods shares might be in focus on Monday after the corporate acquired round 40 acres of land on lease from the West Bengal authorities for Rs 126 crore. The acquisition is aimed toward increasing manufacturing of Vande Bharat coaches and metro vehicles at its Uttarpara facility in Hooghly district, an official stated.

The newly acquired land, situated throughout mouzas Kotrung and Bhadrakali, is adjoining to Titagarh’s present 34-acre plant at Uttarpara, making it a key addition to its enlargement technique. The 99-year lease settlement was signed with the state authorities on July 12, 2025, for a consideration of Rs 126.63 crore.

In a regulatory submitting on Saturday, the corporate stated, “The extra land will allow us to set up additional manufacturing infrastructure and devoted areas for forming, testing, and commissioning of metro coaches and Vande Bharat trains.”

The corporate additionally plans to arrange a take a look at observe to guarantee complete efficiency and security validation earlier than supply.

The enlargement is predicted to assist Titagarh scale up its manufacturing capability from 300 to roughly 850 vehicles yearly by FY28.

Individually, the corporate will elevate Rs 200 crore by a preferential difficulty of warrants to members of the promoter group.As of March 31, 2025, Titagarh’s consolidated order ebook stood at Rs 11,200 crore, with 62% comprising passenger rolling inventory and 38% freight. Its joint ventures maintain further orders price Rs 13,326 crore, together with wheelsets with Ramkrishna Forgings and Vande Bharat coaches with BHEL.