Texmaco Rail rises after bagging Rs 6 cr order from Western Railway

Texmaco Rail & Engineering rose 1.36% to Rs 111.40 after the company received a letter of acceptance (LoA) worth Rs 6.28 crore from Western Railway.

The order pertains to the provision of nylon nets, anti-monkey climbing devices and anti-bird discs. The contract is scheduled to be executed within 12 months from the date of issuance of the LoA.

Texmaco Rail & Engineering (TEXMACO) is a listed company and part of the Adventz Group. Texmaco is a key player in the railway and infrastructure sector. It operates across three business segments: Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure ? Electrical.

The company reported a 45.03% year-on-year increase in consolidated net profit to Rs 57.68 crore in Q4 FY26, compared with Rs 39.77 crore in the corresponding quarter last year.

Powered by Capital Market - Live News