New Delhi, June 26 -- Titagarh Rail Systems share price gained nearly 2% on Thursday, extending its rally for the fifth consecutive session, amid strong buying momentum. Titagarh Rail share price rose as much as 1.95% to Rs.942.20 apiece on the BSE. The railway stock has jumped 12% in five trading sessions.

Titagarh Rail Systems is India's largest wagon manufacturer and has transformed itself into a complete railway transportation company, with its successful entry into the passenger transport sector. The company is also among India's very few integrated manufacturers of passenger rail systems.

Analysts believe that the PRS division is at an inflection point from where it can become a dominant revenue contributor for the company over th...