Announced Sat, 27 Jun · 16:53 IST
Texmaco gets Rs 4.71 Cr LOI from Mangalore Coal Terminal
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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
-1.5%1-day move
₹109.60
prior close
₹109.45
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-1.1-1.0-0.8-1.5+2.4+2.6+3.3+10.5+2.1+4.9———
Up moveDown movePending
AI summary
Texmaco Rail and Engineering has received a Letter of Intent worth Rs. 4.71 crores (including taxes) from Mangalore Coal Terminal Private Limited. The order covers design, supply, erection, testing and commissioning of 25KV, 50Hz overhead electrical equipment. It is a domestic order to be executed within 12 months. The order is not a related party transaction and the promoter group has no interest in the awarding entity.
Likely market impact
Small-ticket domestic order worth Rs 4.71 cr; unlikely to materially impact the stock given the company's overall size.