Texmaco Rail and Engineering secured a $62.24 million international order from CAMALCO SA for supplying 560 open-top wagons and providing 20-year maintenance. The deal includes a potential expansion for 1,040 more wagons. Despite a revenue increase in Q4, net profit declined. Analysts maintain a positive outlook, citing bullish momentum and a potential upside.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets