- Texmaco Rail & Engineering Limited (NSE: TEXRAIL) landed a new contract worth Rs 253.28 crore (≈ ₹ 2.53 billion).
- The order is from JSW (South) Rail Logistics Private Limited, a domestic rail‑logistics firm, for manufacturing BFNSM1 Rakes and BVCM Wagons.
- Delivery is slated within 13.5 months from the contract start date, implying a near‑term boost to production and cash flow.
- The deal is an ordinary‑course, non‑related‑party transaction, adding a sizable ₹ 250 crore+ order book without governance concerns.
Texmaco Rail & Engineering secured a ₹253.28 crore contract with JSW (South) Rail Logistics, which should lift its stock in the near term. The order adds a sizable boost to the order book and is likely to be viewed positively by investors.
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