16 Jun 2026
Siemens received an order from Titagarh Rail Systems to supply propulsion systems and train control and monitoring systems for 12 Pune Metro trainsets.
The scope sits within Titagarh's 430.53 crore rupee Pune Metro Phase-2 order from MahaMetro, though Siemens did not disclose the value of its portion. It covers traction converters, auxiliary converters, traction motors and the control software.

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.