Texmaco Rail & Engineering shares surged 3% after securing a significant order worth ₹187.41 crore from Chhattisgarh State Power Transmission Co. Ltd. The project involves the turnkey construction of nine 132KV transmission lines, covering approximately 291 kilometers.
The government-backed project is expected to be completed within 15 months, marking a key milestone for Texmaco Rail as it strengthens its presence in the power and transmission infrastructure sector. This latest achievement reflects the company’s steady growth and expanding portfolio.
Texmaco Rail shares opened at ₹236.00 today, reaching a high of ₹237.99 and a low of ₹233.15. The stock remains below its 52-week high of ₹296.49, while significantly above the 52-week low of ₹142.00.
As of 9:19 am, Texmaco Rail shares were trading 3.82% higher at Rs 238 on the NSE.
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