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 Limited has received an order worth Rs. 3.06 crores from Modern Coach Factory, Raebareli, a government-owned entity under Indian Railways. The order is for the supply of Bogie Frame Assembly for Non-AC Air Spring type LHB Fiat Bogie, which is a component used in railway coaches. The order is to be executed within 301 days from the date of issue. This is a domestic order with no related party implications and no promoter group interest in the awarding entity. The order value appears modest relative to the company's overall revenue base.
The order provides a small positive revenue visibility for the company over the next 10 months. However, the order size of Rs. 3.06 crores is relatively small and may have minimal direct impact on the company's financials or stock price in the near term.