The contract involves the provision of automatic block signaling and Kavach works and is scheduled to be executed within 12 months from the date of issuance of the Letter of Acceptance (LoA).
Following this order, the outstanding order book of the company's Infra Rail & Green Energy division has increased to Rs 1,159.94 crore. The company clarified that the order has been awarded by a domestic entity and does not involve any related-party transaction.
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.
Shares of Texmaco Rail & Engineering rose 0.40% to close at Rs 112.40 on the BSE.
Click here to visit SEBI Scores