India's Texmaco Rail rises on 1.29-billion-rupee order win
12/09/2025 10:56
** Shares of Texmaco Rail & EngineeringTEXA.NS, RIC rise 3.8% to 147.40 rupees, their highest level in three weeks ** Co wins order worth 1.29 billion rupees ($14.6 million) from Rail Vikas Nigam RAIV.NS for electric traction system ** Nearly 3 mln shares traded so far, 2x 30-day avg ** Stock is down 24% so far in 2025 ($1 = 88.2900 Indian rupees) (Reporting by Nishit Navin in Bengaluru) ((nishit.navin@thomsonreuters.com))
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