Texmaco Rail & Engineering Limited has secured a new project that strengthens its presence in the railway infrastructure sector. Central Railway has awarded the company a contract worth ₹6.39 crore for modifying the Overhead Equipment (OHE) at Kalyan Station in the Mumbai Division. The work is linked to the extension of the station’s Island Platform, a key part of ongoing infrastructure upgrades in the region.
The scope of the contract includes the modification of the existing OHE system to support the planned extension of the Island Platform at Kalyan Station. This project is essential for improving passenger movement and handling higher train traffic at one of Mumbai’s busiest railway hubs.
The six-month timeline reflects the importance of completing the upgrade quickly, as the platform extension is expected to support better operational efficiency for the Mumbai suburban network.
Texmaco Rail has clarified that the contract does not involve any related party transactions. It has further confirmed that neither the promoter group nor any associated companies have any interest in Central Railway. This ensures full compliance with regulatory requirements and maintains transparency around the award of the project.
Winning this contract adds to Texmaco Rail’s growing order book. While the contract value is modest, it strengthens the company’s position in the railway electrification and infrastructure domain. Successful and timely execution may also support future opportunities in the railway modernisation pipeline.
Texmaco Rail share price has shown mixed performance across different time periods. While short-term returns have been subdued, the stock has delivered impressive long-term gains. For instance, the stock has delivered nearly 500% returns over the past 5 years, even though it has declined by nearly 31.37% in this year.
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The ₹6.39 crore OHE modification project at Kalyan Station marks another important addition to Texmaco Rail’s infrastructure portfolio. Although the project is relatively small in size, it strengthens the company’s order pipeline and supports its role in India’s railway modernisation efforts. Timely execution will be key to enhancing its reputation and securing larger opportunities in the future.
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Published on: Nov 20, 2025, 1:39 PM IST
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