Archive · 26 Jun 2025
Texmaco Rail Shares Jump After Securing ₹535 Crore Order
Texmaco Rail, a company that makes railway parts, saw its stock price go up!
They got a big order worth ₹535 crore from a company in Cameroon.
This order includes making 560 new train cars and taking care of them for 20 years.
While the stock price went up, the company's recent profits were a bit lower compared to last year.
The company is also paying a dividend to its shareholders.
Texmaco Rail's share price surged 9% on the NSE.
The company secured a ₹535 crore order from CAMALCO SA of Cameroon.
The order includes manufacturing and supplying 560 open-top wagons.
A 20-year long-term maintenance contract is also part of the deal.
Texmaco Rail's Q4 FY25 net profit dropped 12% YoY to ₹40 crore.
- Who
- Texmaco Rail and CAMALCO SA.
- What
- Texmaco Rail secured a contract to manufacture and supply freight wagons and provide maintenance.
- When
- Thursday's trading session.
- Where
- The contract is with CAMALCO SA from Cameroon.
- Why
- The wagons are likely for transporting goods.
- Company
- Texmaco Rail & Engineering Ltd
- Client
- CAMALCO SA
- Location
- Cameroon
- Contract Value
- ₹535 crore
- Wagon Type
- Open-top wagons
- Wagon Quantity
- 560
- Maintenance Contract
- 20 years
