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 Limited has received an order worth Rs. 2.13 crores (excluding taxes) from East Coast Railway (ECOR). The order is for Track Relaying Division (TRD) works at the NMDC Nagarnar steel plant, including NSL SSP. The work is to be completed within 11 months from the date of issue of the Letter of Acceptance. This is a domestic order, and there is no related party interest involved in the transaction.
The order value of Rs. 2.13 crores is quite small relative to Texmaco's overall scale of operations and is unlikely to materially move the needle on revenue or stock price. It is a routine contract win disclosed under regulatory requirements.