Presstonic Engineering Wins ₹95 Lakh Order for High-Speed Rail Project from BEML
Presstonic Engineering Limited has secured a specialized order from BEML Limited, Bengaluru, for a crucial segment of India's developing high-speed rail infrastructure. The company confirmed the win of a contract worth ₹ 95,00,000 (Rupees Ninety-Five Lakh Only), excluding value added tax.The prestigious order, received on April 22, 2026, is for the supply of Specialized Aluminium Cable Ducts, intended for a major High-Speed Rail Project. The material will be supplied according to the technical specifications and terms outlined in Purchase Order No. CR01/RM2/5200002193/0.
This contract win marks a significant development for the company, positioning Presstonic Engineering Limited at the forefront of the nation's next-generation rail infrastructure development initiatives.
The company highlighted that this project win reinforces its capability to consistently deliver in technologically advanced and high-performance environments. Presstonic Engineering has previously contributed to the initial rollout of the Vande Bharat Sleeper Express, and this latest High-Speed Rail order further validates its position as a reliable supplier.
The company noted that the increasing government focus on rail modernization, high-speed corridors, and indigenization is creating a strong, expanding pipeline of opportunities over the medium to long term. Their ability to provide state-of-the-art products, coupled with a proven execution track record, has positioned the company favorably to capitalize on this growth cycle. Furthermore, recent order wins for entire metro interiors solidify the firm's standing as a turnkey one stop solution provider for metro Original Equipment Manufacturers (OEMs).
The details of the awarded contract are as follows:
| Metric | Detail |
|---|---|
| Buyer | M/s. BEML Limited, Bengaluru |
| Project Type | High-Speed Rail |
| Product | Specialized Aluminium Cable Ducts |
| Total Value | ₹ 95,00,000 (Excluding VAT) |
| PO Number | CR01/RM2/5200002193/0 |
| Date Received | April 22, 2026 |
PRESSTONIC Stock Price Movement
Today, Presstonic Engineering Limited shares edged higher to close at ₹48.00, rallying by 4.92% on gains of ₹2.25. The stock saw significant activity during the session, trading on a volume of 34,400 shares.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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