India's Texmaco Rail & Engineering gains on wagons order from UltraTech Cement

Ultratech Cement

19/09/2025 05:04

** Shares of Texmaco Rail & Engineering TEXA.NS gain 2.9% to 151.79 rupees

** The engineering and infrastructure firm gets an order worth 868.5 million rupees ($9.85 million) from UltraTech Cement ULTC.NS

** Order for BCFC wagons along with brake van, to be delivered by March 2026

** TEXA stock down ~22%, YTD

($1 = 88.1950 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))