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All businesses showing positive developments, says Texmaco Rail

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By CNBC-TV18 May 16, 2018 2:12:27 PM IST (Updated)

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Texmaco Rail reported a decent quarterly performance. The steel foundry division did well but heavy engineering division still remains under pressure.

AK Vijay, CFO and ED, Texmaco Rail said the first 3 quarters of the last financial year were not so good. However, the business picked up in Q4. "Orderbook is healthy and all segments are showing positive development."

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