Ministry of Railways awards Titagarh Rail Systems ₹273.24 crore order for 62 Rail Borne Maintenance Vehicles.

Exam-focused facts from the 20 December 2025 current affairs briefing.

Key facts

The contract covers design, manufacturing, supply, testing, commissioning, training, servicing and breakdown maintenance support for 62 Rail Borne Maintenance Vehicles.
Supply of the machines is expected to begin within 15 months from the date of order placement.
Delivery of all 62 vehicles along with the complete set of spares is scheduled to be completed within 48 months.
Titagarh Rail Systems’ total order book stands at around ₹15,100 crore, translating into a 4.5x book-to-bill ratio.
Nuvama maintains a Buy rating on Titagarh Rail Systems with a revised target price of ₹1,088, implying a 40.5% upside from the current market price of ₹774.