TEXRAILBSETEXMACO RAIL & ENG. LTD.MediumPositive
Announced Thu, 30 Jul · 14:04 IST

Texmaco Rail gets Rs 0.74 Cr order from South Western Railway

Govt Defence OrderBusiness Updates View source PDFExplain this filing

TEXRAIL · price

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Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹112.35
prior close
₹110.51
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.2-0.1-0.0-0.7+0.8-3.2-4.6-3.8-4.6-5.9
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AI summary

Texmaco Rail and Engineering has received a Letter of Acceptance worth Rs 0.74 crore (including taxes) from South Western Railway. The order involves providing nylon mesh on TTC and portals to prevent bird nests in the SBC division. The work is to be completed within 10 months from the date of issue. The order is domestic and is not a related party transaction.

Likely market impact

Very small order of Rs 0.74 Cr; negligible impact on overall revenue and stock price.