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Texmaco Rail & Engineering jumps 3.49% as it secures Rs 1786.74 crore amended contract from Ministry of Railways

29-Oct-26 14:29Hrs IST

Texmaco Rail & Engineering Ltd. is up 3.49% to Rs 104.32, though the stock has declined recently, slipping 0.28% over the last one week.

Texmaco Rail & Engineering Limited announced that the Ministry of Railways has amended a contract to include an additional order for 1,020 BOXNS wagons, increasing the total quantity to 4,420 wagons. The amendment, issued on October 28, 2026, is valued at Rs 412.32 crores and will be executed within 162 days, up to June 11, 2027, maintaining the original contract's pricing and terms. The total amended value of the contract now stands at Rs 1786.74 crores, including taxes.

Texmaco Rail & Engineering Ltd. shares traded at a volume of 33.15 lakh today, a surge of 139.51% compared to the average volume over the past week. Texmaco Rail & Engineering Ltd. has declined by 23.79% year-over-year, underperforming the 12.48% loss seen in the NIFTY50 index.

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