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.
Texmaco Rail & Engineering has received an order worth Rs. 41.31 crores (excluding taxes) from South Central Railway. The contract involves replacement of panel Interlocking with Electronic Interlocking and replacement of outdoor gears at stations in the Vijayawada Division. The order is domestic in nature and is to be executed within 540 days from the appointed date as per the EPC Agreement. There is no promoter or related party interest in the awarding entity.
This is a routine domestic railway infrastructure order that adds to Texmaco's order book, supporting revenue visibility over the next ~18 months. While positive for business momentum, the order size is relatively modest and unlikely to cause a significant stock price movement on its own.