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Titagarh Rail Systems Launches Powerful Tugboat for Indian Navy



Making Waves in Maritime Defense

Kolkata, January 14, 2024 – Big news from Titagarh Rail Systems Limited (TRSL)! In a proud moment, they’ve just launched their first-ever 25T Bollard Pull Tug, specially made for the Indian Navy. Tugboat was constructed in Titagarh, Barrackpore and is set to play a crucial role in the Navy’s operations.

The Launch Event

The tugboat hit the waters at 4 AM today at the Titagarh Shipyard, timed perfectly with the tides. Commodore S Sreekumar, Warship Production Superintendent of the Indian Navy, was the chief guest at the event.This move will further strengthen the “Make in India” initiative by the Prime minister Narendra Modi. 

The Role of the Tugboat

What’s special about this tugboat? It’s designed to assist naval vessels, including submarines, with berthing and maneuvering. Whether it’s helping ships in and out of maintenance or aiding during adverse weather, this tugboat is up for the task. It’s even equipped for tough jobs like salvage operations and search & rescue missions.

A Step Toward ‘Make in India’

This launch aligns with the Government of India’s ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives. Titagarh is building six of these tugs for the Indian Navy, each showcasing the capability to pull 25 tons. It’s a a remarkable acheivement and showcases company’s commitment to bolstering India’s defense sector.

A Word from Titagarh’s Leadership

Umesh Chowdhary, Vice-Chairman and Managing Director of TRSL, shared his pride in supporting the Indian Navy. “These indigenously built tugs are pivotal for a range of naval operations. We’re excited to strengthen India’s defense capabilities,” he said.

Stock price for Titagarh Rail Systems has already moved to two times from Jun 2023. Stock is performing non-stop on a single direction rally. However, it looks a little expensive now at a PE of 62. Check out our stock filter page for in-depth analysis of Titagarh Rail Systems.

About Titagarh Rail Systems Limited

TRSL, formerly known as Titagarh Wagons Limited, is a leader in passenger and freight rail systems. From freight wagons to metro coaches, they’re playing a key role in India’s rail infrastructure. With prestigious orders like Vande Bharat trains and participation in various metro projects, TRSL is at the forefront of the ‘Atma Nirbhar Bharat’ and ‘Make in India’ initiatives.

Tradealone has been covering all the latest happenings in the Defense Sector, do read them all. Follow us for more timely updates on the Finance world.


Tata Power Renewable Energy signs PDA with Tata Communications



Tata Power’s recent stock movement has caught everyone’s attention. After posting results that didn’t meet expectations, causing a roughly 10% drop from its highs, the stock made a surprising leap. Today we witnessed some up move in the stock backed by a new deal. Let’s dive into whether this deal could be the turnaround Tata Power needed and if it justifies the stock’s climb from Rs 260 to Rs 400. We need to understand if Tata Power has the potential to improve the profits to justify the price it trades at present. Click here for detailed analysis of Q3 results for Tata Power.

Tata Power To Start a New Solar Power Project

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, inked a deal worth Rs 105 crore with Tata Communications. The plan? To set up an 18.75 MW AC group captive solar power plant. This project will generate around 40 million units of power annually, reducing CO2 emissions by over 30,000 tonnes each year.

Located in Aachegaon, Maharashtra, this initiative marks a significant stride towards sustainable and efficient energy use for Tata Communications, showcasing a commitment to greener energy practices.

Is the Deal Big Enough for Tata Power?

The question on everyone’s mind: Is this deal significant enough to justify Tata Power’s stock surge? Definitely not. Here’s a breakdown:

  • Capacity Milestone: TPREL has surpassed a capacity of over 1.5 gigawatts in group captive projects, indicating robust growth and scalability in the renewable sector.
  • Impact on Tata Power: The deal not only boosts Tata Power’s renewable portfolio but also enhances its reputation as a leader in sustainable energy solutions.
  • Market Sentiment: The positive reaction in stock prices may reflect market confidence in Tata Power’s strategic direction, especially in the renewable energy domain.

After a sell ratings by Stanley Morgan, we took a look at the profits posted by Tata Power. We realised that the company has not been able to exponentially increase the numbers. this 105 Crore project does not mean that stock will change its path and climb to 400 rupees. Moreover, remember that last year retail investors got trapped in Tata Power for over 15 months when it fell from 290 rupees to 220 rupees. We advise caution this time as well.

The EV Segment Connection

Adding another layer to Tata Power’s green initiatives is its involvement in the electric vehicle (EV) sector. Snap-E Cabs, an electric cab service in Kolkata, expanded its fleet to 600 cars, thanks to financial partnerships with Mufin Green Finance, Mahindra & Mahindra Finance, ICICI, and HDFC Bank. Tata Power’s engagement in EV infrastructure and renewable energy projects like the one with Tata Communications underscores its commitment to a sustainable future. Despite such a great outlook for the future, an investor needs to be careful if they view is not long term in Tata Power because of current valuations.

Conclusion: Justifying the Stock Movement

The new deal represents more than just a financial transaction for Tata Power; it’s a testament to its evolving business model focused on sustainability and renewable energy. While the stock’s rapid ascent might seem ambitious to some, it aligns with Tata Power’s long-term vision and growth in the green energy sector.

As Tata Power continues to expand its renewable and EV infrastructure, it not only contributes to a more sustainable world but also positions itself as a key player in the energy transition movement. The stock’s movement, therefore, could be seen as a reflection of investor confidence in Tata Power’s future prospects and its role in driving the clean energy transition in India and beyond.

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MTAR Technologies posts disappointing Q3 FY2023 results



MTAR Technologies, a key player in precision engineering, recently disclosed its financial performance for the third quarter of FY2023, and the figures have certainly shocked the market. The company reported a significant downturn across the board, with a net profit plunge of 66.9% at Rs 10.4 crore compared to Rs 31.7 crore year-over-year (YoY), revenue dropping 26.1% to Rs 118.4 crore from Rs 160.2 crore (YoY), EBITDA falling 47.2% to Rs 23.8 crore from Rs 45.1 crore (YoY), and a margin reduction to 20.1% from 28.2% (YoY). Let’s delve deeper into these results, understand their implications, and consider the course of action for investors. Definitely, these are bad numbers and will surely impact the stock price movement tomorrow.

Unpacking MTAR Tech’s Q3 Performance

The sharp decline in MTAR’s topline to ₹118 crores from ₹167 crores in the previous quarter highlights a significant contraction in its revenue stream. Despite a decrease in material costs – from 54.4% to 48.1% – indicating improved margins, the bottom line suffered due to the fixed costs such as salaries, administration, depreciation, and finance costs outpacing the lower turnover. However, it’s noteworthy that the 9-month turnover has actually seen a 16% increase over the comparable period from the previous year.

Analyzing the Response and Future Outlook for Mtar

Investors and market watchers are keenly awaiting management’s explanation for the revenue dip and further details on order wins. It’s crucial to remember that for companies like MTAR, revenue flow can be uneven, leading to fluctuations in quarterly earnings. As a company with a 50-year legacy, MTAR’s current predicament could be a temporary setback or indicative of a deeper issue requiring strategic realignment.

Market Reaction and Investor Sentiment

During the last 3 months, MTAR’s stock experienced a downturn, dropping from Rs 2800 to Rs 1900. This decline was compounded by some level of shareholding dilution by the promoters, raising concerns about the company’s near-term prospects. Despite this, some market observers suggest that the current share price has already accounted for the disappointing results, anticipating a potential recovery. Now, we dont know how long will it take for the recovery. However, we believe that eventually MTAR will regain the all time high levels.

Guidance for Investors

In light of MTAR’s Q3 results, investors find themselves at a crossroads. Here’s a strategic approach to consider:

Stay Informed

Before making any decisions, it’s vital to understand the company’s direction and management’s strategy to address current challenges. Keep an eye out for official communications and market analyses that may shed light on MTAR’s path forward.

Long-term Perspective

For those invested in MTAR or considering it, it’s essential to evaluate the company’s fundamentals and growth prospects in the long run. Temporary setbacks can provide buying opportunities for those with a robust investment thesis and a long-term horizon.


Diversification remains a cornerstone of risk management. Investors worried about MTAR’s performance should ensure their portfolio isn’t overly concentrated in a single stock or sector, mitigating potential losses.

Seek Professional Advice

Given the complex nature of investing in companies facing downturns, consulting with a financial advisor can provide personalized insights based on your investment goals and risk tolerance.

Mtar Tech Fundamental Analysis report below –


MTAR Technologies’ Q3 FY2023 results have undeniably raised eyebrows and prompted a reevaluation among its investor base. While the immediate reaction might lean towards pessimism, it’s crucial for investors to adopt a balanced view, considering both the company’s longstanding reputation and the inherent volatility of the market. As always, informed decision-making and strategic planning will be key to navigating this period of uncertainty.

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Aerolloy Technologies & Dassault Aviation Forge a Dynamic Alliance



Hello, Aerospace Enthusiasts!

Here’s some exciting news from the defense world in India. You know how companies like Reliance, Tata, Mtar, Datapatters, and Paras Tech are always trying to lead in defense tech? Well, now there’s a new player making headlines: Aerolloy Technologies.

Aerolloy just made a big deal with Dassault Aviation. Yes, the same Dassault that gave the Indian Air Force the Rafale jets. Let’s break down what this deal means and how it might affect Aerolloy’s stock price.

A Groundbreaking Partnership Takes Off

The buzz is all about Aerolloy Technologies Limited (ATL), a subsidiary of PTC Industries, and their latest venture with none other than Dassault Aviation, the French titan in military and business aircraft. It’s not just any deal – we’re talking about a multi-year agreement for supplying Titanium casting parts for the mighty Rafale fighter jets and the sleek Falcon business jets. And guess what? All of this will be made right here in India, starting 2024!

Embracing ‘Make in India’ and ‘Aatmanirbhar Bharat’

This deal isn’t just about manufacturing parts; it’s a testament to India’s growing prowess in the aerospace industry. Both companies are aligning beautifully with India’s ‘Make in India’ and ‘Aatmanirbhar Bharat’ initiatives. It’s about building capabilities within our shores and showcasing India’s potential on the global aerospace map.

🛠 Aerolloy’s Leap into Aerospace Excellence

Aerolloy Technologies isn’t new to the game. They’ve been crafting strategic and critical materials for aerospace for a while now. With this deal, they’re set to be India’s sole powerhouse for Titanium cast parts. It’s a huge leap forward, not just for Aerolloy, but for India’s aerospace ambitions.

🌟 Dassault’s Nod to Indian Expertise

Dassault Aviation’s involvement is a massive nod to Indian manufacturing expertise. Their Senior Executive VP, Bruno Coiffier, highlighted this as a strategic move, integrating Aerolloy into Dassault’s global supply chain. This is huge, folks! It’s an acknowledgement of India’s growing stature in the aerospace sector.

The Future Looks Bright for Aerolloy Technologies

There’s more good news. Aerolloy Technologies is ramping up their capabilities. They’re investing in a new, state-of-the-art facility in the Uttar Pradesh Defence Industrial Corridor. This means more jobs, more innovation, and a stronger aerospace sector in India.

💬 Your Thoughts?

I’m super excited about this partnership’s potential. It’s not just about manufacturing parts; it’s about India making a mark in the global aerospace industry. What do you think about this collaboration? Drop your thoughts in the comments below!

Until next time, keep looking to the skies! ✈️

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