Announced Thu, 2 Jul · 21:19 IST
Texmaco gets Rs 26.56 Cr signalling order from South Central Railway
TEXRAIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+7.7%1-day move
₹112.49
prior close
₹113.29
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.5-0.6-0.8+7.7+5.4-0.5+1.0+3.7+2.2-2.0———
Up moveDown movePending
AI summary
Texmaco Rail & Engineering received a Letter of Acceptance worth Rs 26.56 crores (including taxes) from South Central Railway for comprehensive signalling and telecommunication works, covering Automatic Block Signalling and Kavach Works. The order must be executed within 12 months. With this addition, the Infra Rail and Green Energy division's outstanding order book stands at Rs 1,159.94 crores. The order is domestic, with no related party interest.
Likely market impact
Small addition to a strong order book of Rs 1,159.94 Cr; supports revenue visibility for the Infra Rail division