Texmaco Rail rises on Rs 412 crore additional railway order

Texmaco Rail & Engineering rose 4.41% to Rs 103.93 after the Ministry of Railways increased its order for BOXNS wagons by 1,020 units, valued at Rs 412.32 crore.

In an amendment letter dated 28 October 2026, the Railway Board increased the ordered quantity from 3,400 to 4,420 wagons under the option clause of the original contract. The additional order will be executed on the same price, terms and conditions as the original contract.

Following the increase, the total amended contract value stands at Rs 1,786.74 crore, including taxes. The additional quantity is scheduled for delivery by 11 June 2027.

Texmaco Rail & Engineering is an engineering and infrastructure company that is primarily engaged in manufacturing railway wagons, coaches, and locomotives, as well as providing related services.

On a consolidated basis, the company's net profit rose 66.86% to Rs 50.04 crore while net sales declined 16.90% to Rs 756.68 crore in Q1 June 2026 over Q1 June 2025.

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