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  1. Texmaco Rail shares jump 9% as firm secures order worth ₹535 crore; company's order book stands at ₹7,820 crore

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Texmaco Rail shares jump 9% as firm secures order worth ₹535 crore; company's order book stands at ₹7,820 crore

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2 min read | Updated on June 26, 2025, 09:22 IST

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SUMMARY

Texmaco Rail share price: The company on Wednesday said it has secured a ₹535.6 crore contract from a company based in central Africa to supply and maintain over 1,600 freight wagons for bauxite transportation.

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Texmaco Rail

The Kolkata-based company operates seven manufacturing plants across India. | Image: Shutterstock

Texmaco Rail share price: Shares of Texmaco Rail & Engineering surged as much as 9% to ₹189.00 apiece on the NSE on Thursday, June 26, as the engineering and infrastructure company, which is primarily engaged in manufacturing railway wagons, coaches, and locomotives, as well as providing related services, secured a work contract worth over ₹500 crore.

The company on Wednesday said it has secured a ₹535.6 crore contract from a company based in central Africa to supply and maintain over 1,600 freight wagons for bauxite transportation.

Under the agreement with CAMALCO SA, Cameroon, Texmaco will design, build, and provide end-to-end maintenance for more than 1,600 open-top freight wagons, it said in a statement.

The deal aligns with India's 'Make for World' vision, Texmaco's Vice-Chairman Indrajit Mookerjee said, while MD Sudipta Mukherjee called it a testament to the nation's manufacturing capabilities.

CAMALCO CEO Rana Pratap Singh said the partnership supports Cameroon's infrastructure development.

The contract boosts Texmaco's order book to ₹7,820 crore, strengthening its position in African and global markets, company officials said.

The Kolkata-based company operates seven manufacturing plants across India.

Texmaco Rail: Recent order wins

In May 2025, Texmaco Rail & Engineering Ltd secured an order worth ₹140.55 crore from the railways for the supply of Flat Multi-Purpose (FMP) wagons, the company said on Thursday.

These newly developed wagons are designed to carry steel coils, containers, military vehicles, and support Roll-on/Roll-off (RoRo) operations, offering flexibility across sectors such as agriculture, defence and transport.

"This order reaffirms the ministry's trust in us and highlights the government's focus on modernising freight operations," said Indrajit Mookerjee, vice chairman and executive director of Texmaco Rail.

On May 30, Rail Vikas Nigam Ltd and Texmaco Rail & Engineering signed a memorandum of understanding to drive innovation and accelerate modernisation in the railway infrastructure in India, a statement said.

Announcing the strategic partnership, Texmaco, in the statement, said that the collaboration aims to combine complementary strengths, enhancing capabilities across the sector.

"This collaboration is a testament to our shared commitment to Atmanirbhar Bharat and advancing India's leadership in rail mobility and infrastructure development, Pardeep Gaur, Chairman & Managing Director, Rail Vikas Nigam Ltd. (RVNL), said.

(With inputs from PTI)
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