Hot Pursuit
Texmaco Rail & Engineering Ltd. is currently trading at Rs 113.83, up 4.48%, while the stock has risen 5.34% over the last one week.
Texmaco Rail & Engineering Limited announced it has received a Letter of Award valued at USD 135 Million from Tsiko Africa Logistics (Pty) Ltd. together with Barberry Holdings (Pty) Ltd. for the design, manufacture, supply, and commissioning of Wabtec ES43ACi – 4,500 HP Diesel-Electric Locomotives; the international order, awarded on September 1, 2026, is expected to be executed within 20 to 24 months from the signature of the Definitive Agreement, and does not involve any related party transactions or interest from promoters, promoter groups, or group companies.
Texmaco Rail & Engineering Ltd. shares traded at a volume of 72.86 lakh today, representing a significant increase of 67.15% compared to the average volume over the past week. Texmaco Rail & Engineering Ltd. softened by 18.00% year-over-year, underperforming the NIFTY50 index's 2.21% loss.
