Shares of Titagarh Rail Systems and Universal Cables experienced substantial gains on Monday, May 25, 2026, with some climbing as much as 18%. The surge was driven by distinct positive developments impacting each company.
Titagarh Rail Systems Boosted by Indian Railways Tender
Titagarh Rail Systems saw its stock price jump by 9.21% to Rs 827.50, up from its previous close of Rs 757.65. This positive sentiment largely stemmed from news of a massive Rs 40,000 crore wagon tender planned by Indian Railways, targeting nearly 100,000 units. This initiative is expected to provide a significant boost to India’s railway manufacturing sector, directly benefiting companies like Titagarh Rail.
The company's market capitalization stood at Rs 11,061 crore, with approximately 3 lakh shares changing hands, amounting to a turnover of Rs 24.60 crore. Historically, Titagarh Rail has demonstrated robust growth, with its stock rising 133% over the past three years and an impressive 1478% over five years. The stock's 52-week high was recorded at Rs 973.60 on June 9, 2025. With a one-year beta of 1.45, the stock exhibits high volatility. Technically, its Relative Strength Index (RSI) was at 49.6, indicating it was neither overbought nor oversold.
Universal Cables Soars on Strong Quarterly Results
Meanwhile, Universal Cables shares surged by 18% to Rs 1180. This significant increase followed the announcement of the company's strong quarterly earnings. For the fourth quarter of fiscal year 2026 (Q4 FY26), Universal Cables reported an 11% year-on-year (YoY) rise in net profit, reaching Rs 55.32 crore. This also represented a substantial 103.46% quarter-on-quarter (QoQ) increase.
The company's revenue from operations for Q4 FY26 climbed 24.66% YoY to Rs 840.27 crore, and 9.42% QoQ from Rs 767.92 crore. Profit before tax (PBT) also saw an 18% YoY rise to Rs 76.6 crore, alongside a 128.25% QoQ increase. While raw material costs increased by 63.19% YoY to Rs 686.59 crore, and employee expenses rose 12.64% YoY to Rs 32.17 crore, the overall financial performance was robust. Interest costs increased 31.38% YoY to Rs 32.49 crore, and depreciation expenses rose 54.87% YoY to Rs 10.98 crore.
Disclaimer
This report provides stock market news for informational purposes only and should not be considered investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.