Texmaco Rail & Engineering Share Price in Focus: Bags ₹357.11 Crore Order from JSW Group

Written by: Team Angel OneUpdated on: 1 Apr 2026, 1:22 pm IST
Texmaco Rail & Engineering Limited has secured ₹357.11 crore order from JSW Group for supply of rakes and wagons.
Texmaco Rail & Engineering Share Price in Focus
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Texmaco Rail & Engineering Limited has secured a sizeable domestic order, strengthening its position in the railway wagon manufacturing segment and boosting its order pipeline. 

₹357 Crore Order from JSW Group 

The company has received an order worth ₹357.11 crore (excluding taxes) from JSW Group for the manufacture and supply of specialised rakes and wagons.   

The scope includes BLSS, BLCS, and BFNV rakes along with BVCM wagons, reflecting diversified rolling stock capabilities. 

The contract is to be executed over a period of 11 months from the effective date or commencement of work. The order involves end-to-end manufacturing and supply, indicating a comprehensive execution mandate for the company. 

Domestic Order with No Related Party Exposure 

The contract has been awarded by a domestic entity and does not involve any related party transactions.  

Additionally, there is no promoter or group company interest in the awarding entity, ensuring a standard arm’s-length transaction structure. 

Strengthening Order Book Visibility 

This order adds to Texmaco Rail’s growing order book and supports revenue visibility over the near to medium term. Continued traction from large industrial groups highlights sustained demand for freight mobility solutions. 

Read More: Texmaco Rail Secures ₹22.91 Crore Railway Signalling Contract from North Central Railway! 

Texmaco Rail & Engineering Share Price Performance 

As of March 31, 2026, at 3:30 PM, Texmaco Rail & Engineering share price is trading at ₹78.90 per share, reflecting a decline of 5.69% from the previous closing price. 

Conclusion 

The JSW Group order reinforces Texmaco Rail’s execution pipeline and underlines steady demand in the wagon manufacturing segment. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Apr 1, 2026, 7:50 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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