Texmaco Rail Secures Rs 0.74 Crore Contract from South Western Railway
Texmaco Rail & Engineering Ltd has received a Letter of Acceptance for a contract with the South Western Railway, securing an order valued at Rs 0.74 crores. The contract involves the provision of specialized material for maintenance work in railway divisions.The company will be responsible for providing nylon mesh on TTC and portals aimed at preventing bird nests within the SBC division. This domestic contract outlines significant scope details regarding the service delivery.
According to the terms of the accepted order, Texmaco Rail & Engineering Ltd has a timeline of 10 months from the date of issuing the Letter of Acceptance to execute the work. The value of the order is Rs 0.74 crores, which includes taxes.
Key details of the contract include:
| Particulars | Details |
|---|---|
| Entity Awarding the Order | South Western Railway |
| Nature of Work | Provision of nylon mesh on TTC and portals for preventing bird nest in SBC division |
| Contract Value | Rs 0.74 crores (including taxes) |
| Execution Period | Within 10 months from the date of Letter of Acceptance |
TEXRAIL Stock Price Movement
As of 2:08 PM, shares of Texmaco Rail & Engineering Limited are shedding 1.74% in live trading, currently valued at ₹110.4 after falling by ₹1.96. The stock has seen considerable activity today, with a total traded volume of 483,063 shares and trading within the daily range established between ₹110.2 and ₹111.95.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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