The orders relates to the design, testing, manufacturing, supply, commissioning of 72 Standard Gauge Cars.
The parent plans to sell 63 lakh shares for Rs 1,890 crore.
The order includes the supply of 3000 HP Diesel Electric Locomotives.
The company also bagged additional order in collab with Titagarh.
The order is expected to be completed within a period of 40 months.
The company has to supply training equipment worth Rs 171 crore.
The company's net profit for Q4FY23 fell 8.8% year-on-year to Rs 2,831.18 crore
The technology will fuel India’s fighter jet program once the MoU is operational.
The long-treated water tunnel and related works are expected to be completed in 60 months.
The company further highlighted that it has received these orders from State Government Agencies.
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