Texmaco Rail & Engineering’s stock rises after securing two domestic orders totaling **Rs 351.16 crore** for wagon and rake manufacturing. The company reports a **1.56% price increase** to **Rs 113.70** following the announcement. The orders reflect demand for its rail infrastructure products in India’s domestic market.
Texmaco Rail & Engineering secures a **Rs 4.71 crore** letter of intent (LoI) for a project from **Mangalore Coal Terminal**. The order follows the company’s expansion in rail infrastructure and engineering services. The deal highlights growing demand for specialized rail solutions in India’s coal logistics sector.
Texmaco Rail & Engineering secures a Rs 357.11 crore contract from JSW Group for manufacturing and supplying specialized rail wagons, including BLSS, BLCS, and BFNV rakes, alongside BVCM wagons. The order drives an 8.12% surge in the company’s stock price to Rs 85.20. The deal highlights demand for Texmaco’s rail infrastructure solutions in India’s steel and logistics sectors.
Texmaco Rail secures a **Rs 64 crore** order from **APL Logistics** for **ACT-1 specialised freight wagons** and **BVCM brake vans**. The deal expands customised freight solutions tailored for **automotive logistics**, addressing niche transport needs in the sector.