TEXRAILNSETexmaco Rail & Engineering Limited· EngineeringMediumPositive
Announced Tue, 17 Mar · 15:20 IST

Texmaco Rail & Engineering Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Govt Defence OrderBusiness Updates View source PDF

TEXRAIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+4.8%1-day move
₹89.02
prior close
₹89.49
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1+4.8+1.1+1.3-5.2-0.6-6.3+10.8+18.8+24.3+23.5
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AI summary

Texmaco Rail & Engineering has received an order worth Rs. 3.54 crores (excluding taxes) from Western Railway. The order is for provision of anti-bird discs on insulators in the electrified territory of Vadodara Division. The work is to be completed within 18 months from the date of the Letter of Acceptance. The order is domestic, with no related party interest involved. Western Railway is a division of Indian Railways, a government entity.

Likely market impact

This is a small-value order relative to Texmaco's overall business and is unlikely to materially move the stock. However, it adds to the company's order book in its core railway infrastructure segment and reflects ongoing business with Indian Railways.