Texmaco Rail Secures Two Major Domestic Orders Valued at Rs 351.16 Crore
Texmaco Rail & Engineering Limited has received two substantial orders from domestic clients, bringing in a combined contract value of Rs 351.16 Crore. The contracts involve the manufacture and supply of specialized rail components and wagons for the railway industry.The company secured one significant order from JSW (South) Rail Logistics Private Limited and another order from Sushila Transport Private Limited. Both contracts are domestic in nature, with specific requirements and delivery timelines set out.
The details pertaining to both orders, including the client name, scope of work, and financial consideration, are as follows:
| Particulars | JSW (South) Rail Logistics Pvt Ltd | Sushila Transport Private Limited |
|---|---|---|
| Scope | Manufacture and Supply of BFNSM1 Rakes along with BVCM Wagons. | Manufacture and Supply of ACT1 Rakes along with BVCM Wagons. |
| Client Type | Domestic | Domestic |
| Value (including taxes) | Rs 253.28 crores | Rs 97.88 crores |
| Execution Timeline | Within 13.5 months from the commencement of works. | On or before October 31, 2027. |
The contracts involve domestic entities and have been confirmed as non-related party transactions, with no interest held by the promoter or promoter group companies in the awarding clients.
The successful receipt of these orders contributes to Texmaco Rail & Engineering Limited's business pipeline, securing long-term supply agreements for specialized rail rolling stock components.
TEXRAIL Stock Price Movement
On Wednesday, Texmaco Rail & Engineering Limited shares rallied, closing at ₹111.97 and marking a robust gain of 4.73%. The equity traded actively through the session, with over 6.73 million shares exchanged.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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