Airfloa Rail Technology Ltd Secures ₹ 92.08 Lakhs Order from Integral Coach Factory, Indian Railways
Airfloa Rail Technology Ltd, the manufacturer of rail components, announced on May 7, 2026, that it has secured a new contract valued at ₹ 92.08 Lakhs. The order was received on the same day from the Integral Coach Factory (ICF), Chennai - 600038, which operates under Indian Railways.The contract involves the supply and installation of nine sets of Stainless Steel Nose cone specifically designed for MEMU/DMC/JK(944) units. The agreement is governed by the Indian Railways Standard Conditions of Contract and is slated for completion within a period of twelve months.
The core details of the new contract are as follows:
| Metric | Detail |
|---|---|
| Awarding Entity | Integral Coach Factory, Chennai - 600038, Indian Railways |
| Nature of Order | Supply and Installation of Nine sets of Stainless Steel Nose cone for MEMU/DMC/JK(944) |
| Total Value | ₹ 92.08 Lakhs |
| Receipt Date | May 7, 2026 |
| Execution Timeline | Twelve months |
Airfloa Rail Technology Ltd reported that the total value of the order stands at ₹ 92.08 Lakhs. The contract terms stipulated that the transaction is subject to Indian Railways Standard Conditions of Contract (Latest Edition) and the General Conditions of Contract for the Stores Department of Indian Railway.
The company noted that the order falls under domestic scope, with the awarding entity being a domestic Indian Railways department. Furthermore, the company confirmed that neither the entity awarding the contract nor its related parties have any interest in the promoter group of Airfloa Rail Technology Ltd.
Stock Price Movement
As of 11:14, Airfloa Rail Technology Ltd shares are edging higher, currently trading at ₹337.00, marking a 0.49% gain. The stock has shown significant intraday movement, pulling back from a high of ₹344.95 and trading above a low of ₹332.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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