Shares of Texmaco Rail and Engineering Ltd soared 9% on 26 June after the company received an order worth Rs 535 crore (USD 62,244,000) from CAMALCO SA., Cameroon.

The deal includes the construction and supply of 560 open Top wagons in two phases over 24 months for USD 32,760,000 (Rs 282 crore), as well as a 20-year long-term maintenance contract for USD 29,484,000 (Rs 253 crore).

This first purchase includes a potential for subsequent orders for the supply of 1040 wagons over the next five years, as well as long-term maintenance.

Earlier on 10 June, the Mumbai Railway Vikas Corporation awarded the company a Rs 44.04 crore order for the supply, construction, installation, testing, and commissioning of traction transformers, SPs, and associated works for Central Railway’s third and fourth lines.

On 3 June, Mumbai Railway Vikas Corporation awarded the company a Rs 122.31 crore order for the design, procurement, building, installation, testing, and commissioning of traction transformers and associated work for Western Railway, to be completed within 30 months.

On 12 July 2024 and 7 April 2025, the share reached a 52-week high of Rs 296.60 and a 52-week low of Rs 115.10.

At 12:14 pm, the shares of Texmaco Rail were trading 4.49% higher at Rs 181.17 on NSE.

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