Texmaco Rail & Engineering Secures Order Worth INR393 Million from India's Southern Railway

MT Newswires Live04-06

Texmaco Rail & Engineering (NSE:TEXRAIL, BOM:533326) has bagged an order worth 392.6 million Indian rupees from Southern Railway, India, according to a Monday filing to the Indian stock exchanges.

The contract is for the design, supply, erection, testing, and commissioning of a 25kV traction overhead equipment (OHE) on the proposed doubling of track between Thiruvananthapuram and Eraniel stations, including the modification to the existing OHE in the Thiruvananthapuram division of Southern Railway.

The company's shares were up nearly 1% in recent trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment