Texmaco Rail & Engineering Limited has informed the Exchange about Bagging/Receiving of orders/contracts
TEXRAIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Texmaco Rail & Engineering has secured an order worth Rs. 122.31 Crore from Mumbai Railway Vikas Corporation (MRVC), a government entity. The contract involves design, supply, construction, installation, testing, and commissioning of traction transformers and associated work for Western Railway. The project is to be completed within 30 months. This adds to the company's order book from the Indian Railways ecosystem, which has been a key growth driver for the company.
Positive for the company as the order strengthens its order book visibility over the next 30 months and reinforces its position in the railway equipment segment. Investors may view this as a steady business win, though the size is moderate relative to the company's overall scale.