Titagarh Rail shares rally 16% in two days. Here's why Jefferies is bullish on this railway stock

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Titagarh Rail Systems shares surged following Jefferies' 'Buy' rating, citing robust growth prospects in passenger and metro coaches driven by increased railway spending. The brokerage forecasts significant revenue and EPS growth, projecting a substantial rise in return on equity. In contrast, Jupiter Wagon received an 'Underperform' rating due to its higher valuation and slower growth expectations.