Texmaco Rail Share Price in Focus; Bags ₹253.28 Crore Order from JSW South Rail Logistics

Written by: Team Angel OneUpdated on: 20 Jun 2026, 5:08 pm IST
The contract involves manufacturing and supplying BFNSM1 rakes and BVCM wagons, with execution scheduled within 13.5 months.
Texmaco Rail Share Price in Focus
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Texmaco Rail & Engineering Limited has received a Letter of Intent (LoI) worth ₹253.28 crore from JSW (South) Rail Logistics Private Limited for the manufacture and supply of railway wagons. 

The order further strengthens the company's order book and reinforces its position in India's railway rolling stock manufacturing segment.  

JSW South Rail Logistics Awards Major Contract 

The company has been selected by JSW (South) Rail Logistics for the manufacture and supply of BFNSM1 rakes along with BVCM wagons. 

The order has been awarded by a domestic entity and falls within Texmaco Rail's core business operations.  

Order Valued At ₹253.28 Crore 

According to the company's regulatory filing, the total value of the contract stands at ₹253.28 crore, including taxes. 

The contract represents a significant addition to Texmaco Rail's railway wagon manufacturing portfolio.  

Execution Timeline Fixed At 13.5 Months 

Texmaco Rail will execute the order within 13.5 months from the effective date or commencement of work. 

The defined execution schedule provides revenue visibility for the company over the coming quarters.  

Rail Freight Segment Continues to Expand 

Demand for specialised freight wagons has remained strong amid rising investments in logistics infrastructure and rail-based cargo transportation. 

The latest order highlights continued traction in the private freight wagon market, benefiting railway equipment manufacturers.  

Read More: Reliance AGM 2026: Jio Evaluates Sovereign LEO Satellite Constellation to Expand Broadband Connectivity Across India! 

Texmaco Rail Share Price Performance 

As of 19 June 2026, Texmaco Rail share price was closed at ₹109.75 per share, reflecting a surge of 0.39% from the previous trading session. 

Conclusion 

Texmaco Rail & Engineering has secured a ₹253.28 crore order from JSW (South) Rail Logistics for the manufacture and supply of BFNSM1 rakes and BVCM wagons. The contract is scheduled for execution within 13.5 months and adds to the company's growing railway wagon order book.  

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi. 

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: Jun 20, 2026, 11:38 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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