Texmaco Rail & Engineering Ltd receives order worth Rs. 27.67 crores

Texmaco Rail & Engineering Limited has received an order from South Western Railway for undertaking comprehensive annual maintenance and breakdown restoration of Overhead Equipment (OHE) and power supply installations across the Mysore Division for a period of two-years covering 1,046 track kilometres (TKM) of electrification infrastructure and associated electrical assets.

The total contract value is ₹27.67 crore (inclusive of GST), equivalent to approximately ₹23.45 crore (excluding GST). Under the mandate, Texmaco will undertake routine, emergency, and preventive maintenance to ensure reliable, efficient, and uninterrupted operation of traction power systems across the division.

With this order, Texmaco's cumulative OHE and power supply maintenance portfolio expands to 3,702.62 TKM across multiple railway divisions and corridors of Indian Railways, including the Bengaluru Division and select sections of Dedicated Freight Corridor Corporation of India Limited, further strengthening its credentials in railway electrification services.

Shares of Texmaco Rail & Engineering Limited was last trading in BSE at Rs. 113.55 as compared to the previous close of Rs. 116.45. The total number of shares traded during the day was 80235 in over 872 trades.

The stock hit an intraday high of Rs. 115.60 and intraday low of 113.05. The net turnover during the day was Rs. 9140686.00.

Source : Equity Bulls

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