I have created parameterized pages. I have assign parameter values in it of my created own tag type.

When I open my parameterized popup pages it looks like as below.
In which "SOV-1 Status" is just a text.

How can I make this text as parameterized text so that when I open my pages it will show me SOV 1 Status, SOV 2 Staus, and so on...

In my tag link widget I need to set text as parameterized text.

In my created own tag type this tag is available.

Go to the properties for the text and select parameter from the dropdown. Then click through to select the tag and the tag name from the dropdown. I have shown most of that in the image below:

Yes, that I have tried but it is not getting updated all text automatically on the popup page when it's open.
I have chosen ShortName parameter in Text. It only got shown on Station 1 popup page.

On station 2 page it also shows as SOV 1 Status only.
How can I make it update automatically on every popup page accordingly?

Do I need to set any parameter or value for it?

I have shown in my Station tag template in which I have created a tag named with SOV-1 Status only. so in all Stations, it showing SOV-1 Status only.

How can I make some fency stuff here with tag names based on Station?
For the Station1 tree structure my tag taking SOV-1 Status, in Station2 tree structure tag name like SOV-2 Status, and in Station3 SOV-3 Status Accordingly...

Is there any workaround for it to do it automatically?

Ah, well, you have defined your type for that to be the tag name, so it will always use SOV-1 Status.

I would suggest changing that child tag to be SOV Status or something. Then, have that child tag's description be the parents ShortName (..\ShortName) or Description (\GetPhrase(..\Description) and then in the Graphics widget, change the referenced paramater to be SOV Status' Description and not the ShortName.

There are lots of ways to solve this problem though. You can also add a paramater of the parent and change it and reference that inside the graphics as well.