Texmaco Rail & Engineering Limited has informed the Exchange about Bagging/Receiving of orders/contracts worth Rs. 22.91 Crore (excl. taxes) from North Central Railway
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. 22.91 Crore (excluding taxes) from North Central Railway. The work involves reliability improvement of track circuits by providing MSDAC in parallel of existing DCTC and other associated work at 14 stations in the Prayagraj Division. The project is to be completed within 180 days. The order is domestic and there is no related-party involvement.
This is a routine order from Indian Railways that adds to the company's order book, though the value is modest relative to Texmaco's overall scale. Positive for execution visibility in the near term, but unlikely to be a major stock-moving event on its own.