Announced Tue, 1 Sept, 2026 · 13:11 IST
Texmaco gets USD 135 Million locomotive order from South African firms
Export Order Hard CurrencyOrder Above 5pct RevenueBusiness Updates View source PDFExplain this filing
TEXRAIL · price
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Price reaction · full curve 14 horizons · vs prior close
+4.1%1-day move
₹108.97
prior close
₹113.90
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AI summary
Texmaco Rail and Engineering has received a Letter of Award worth USD 135 Million from Tsiko Africa Logistics and Barberry Holdings, both South African firms. The international order covers design, manufacture, supply, and commissioning of Wabtec ES43ACi 4,500 HP diesel-electric locomotives. Execution is targeted within 20 to 24 months from signing of the Definitive Agreement. The order is exclusive of taxes and duties, with no related party interest.
Likely market impact
Large export win worth about INR 1,100 crore strengthens order book and revenue visibility over the next 20 to 24 months.