India's Texmaco Rail & Engineering jumps on 1.22 billion rupee-order win

Texmaco Rail & Engineering

04/06/2025 07:18

** Shares of Texmaco Rail & Engineering TEXA.NS rise 8.4% to 174 rupees, highest since February

** Engineering firm receives a 1.22 billion rupees ($14.20 mln) order from Mumbai Railway Vikas Corporation

** Order for designing and installing traction transformers for Western Railway, to be completed within 30 months - TEXA

** More than 7.2 mln shares traded, 2.3x 30-day moving avg

** Stock down 10% YTD

($1 = 85.9040 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))