Company updateCNBC-TV18
Titagarh Rail targets 60% passenger revenue by FY29
Positive+32
GreyOak summary
Titagarh Rail Systems aims for passenger rail business to contribute 60% of standalone revenue by FY29. The company secured a new order for 5,000 wagons and expects wagon production to return to nearly 1,000 units monthly by Q1 2027. Metro coach dispatches have increased to 200 cars annually.
What it affects
- TITAGARH RAIL SYSTEMSTITAGARHPositive +32
Targets 60% revenue from passenger business by FY29.Rolling sentiment Positive +50
Source
Read the original at CNBC-TV18More TITAGARH RAIL SYSTEMS news
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