Titagarh Rail shares soar 7% on management rejig, formation of 2 new verticals

The shares of Titagarh Rail Systems today rallied 6.9% to an intraday high of Rs 964.05 on the BSE after the company announced an important management reorganization and strengthening, as well as venturing into new areas of growth.

Titagarh announced the creation of new divisions named Ship…