Shares of Texmaco Rail & Engineering Ltd climbed nearly 2% to ₹150.45 on Thursday, September 18, after the company bagged fresh orders worth over ₹215 crore across cement and railway projects.
The company announced that it has secured an ₹86.85 crore order from UltraTech Cement for the supply of BCFC wagons along with a brake van, with delivery scheduled by March 2026.
Adding to the momentum, Texmaco Rail also received a Letter of Acceptance (LoA) from Rail Vikas Nigam Limited (RVNL) last week for the Nagpur Project. The project, worth ₹129.09 crore (including taxes), involves the design, supply, erection, testing and commissioning of 2*25 kV traction overhead equipment and related works at the Yavatmal-Digras section of Central Railway’s Nagpur Division.
The series of order wins has strengthened investor confidence, pushing the stock up by 2% in today’s session.
