Neetu Yoshi Ltd Secures Order from Integral Coach Factory for Railway Track Components
Neetu Yoshi Ltd has received a substantial purchase order, amounting to approximately Rs. 17.12 Crores, for the manufacture and supply of critical components required by Integral Coach Factory (ICF). The contract involves providing specialized railway axle box housing and track components to the major Indian Railways entity.The order comes from Integral Coach Factory, Chennai, which is noted as an India based manufacturer within the Indian Railways infrastructure ecosystem. Neetu Yoshi Ltd will be responsible for manufacturing and supplying several key parts, including Axle Box Housing (Finish Machined), Cast Steel Bearing Plates, Cast Steel Slide Chairs, and Cast Steel Insulated Tie Plates, adhering to applicable RDSO drawings and specifications.
The engagement is classified as a domestic order of manufacture and supply of railway components. The company has been awarded the contract for immediate delivery followed by phased deliveries spanning from October 01, 2026, to September 30, 2027.
Key details of the contract are summarized below:
| Particular | Details |
|---|---|
| Order Awarding Entity | Integral Coach Factory (ICF), Chennai, Indian Railways |
| Nature of Order | Manufacture and supply of railway Axle box housing and track components. |
| Aggregate Value | Approximately Rs. 17.12 Crores |
| Transaction Type | Domestic |
| Execution Timeline | Immediate delivery, followed by phased deliveries from October 01, 2026, to September 30, 2027. |
| Relationship Status | The order is not considered a related party transaction and the promoter group has no interest in the awarding entity. |
Stock Price Movement
Closing today, Neetu Yoshi Ltd shares settled at ₹167.50, rallying a strong 4.13%. The stock demonstrated considerable movement throughout the trading session, having bounced between an intraday low of ₹158.00 and a high of ₹168.85.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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