Texmaco Rail and Engineering share price rose 6 percent in the early trade, extending the gain on fifth consecutive session on June 26 following the company received an order worth Rs 535 crore (USD 62,244,000) from CAMALCO SA., Cameroon.
At 09:22am, Texmaco Rail and Engineering was quoting at Rs 184.65, up Rs 11.20, or 6.46 percent, on the BSE.
The said order include order for manufacturing and supply of 560 open Top wagons to be completed in 2 phases within 24 months at USD 32,760,000 (Rs 282 crore ) and long term maintenance contract for 20 years at USD 29,484,000 (Rs 253 crore ).
This initial order includes provision for additional order relating to supply of 1040 Wagons in next 5 years and long term maintenance thereof.
Catch all the market action on our live blog
On June 10, Mumbai Railway Vikas Corporation has awarded an order of Rs 44.04 crore to the company for supply, construction, installation, testing and commissioning of traction transformers, SPs & associated works for 3rd & 4th lines of Central Railway.
On June 3, Mumbai Railway Vikas Corporation awarded an order of Rs 122.31 crore to the company for design, supply, construction, installation, testing and commissioning of traction transformers & associated work for Western Railway to be executed within 30 months.
The share touched a 52-week high of Rs 296.60 and a 52-week low of Rs 115.10 on 12 July, 2024 and 07 April, 2025, respectively.
Currently, the stock is trading 37.74 percent below its 52-week high and 60.43 percent above its 52-week low.
The market capitalisation of the company stands at Rs 7,376.16 crore.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
