Texmaco Rail Share Price in Focus; Secures ₹191.99 Crore Contract from South Central Railway

On May 15, 2026, Texmaco Rail & Engineering Limited announced the receipt of 2 Letters of Acceptance from South Central Railway.  

The contracts, valued at ₹191.99 crore, involve comprehensive signalling and telecommunication works for the provision of an automatic block signalling system. 

Details of the Contract Award 

Texmaco Rail has been awarded a significant contract by South Central Railway, a domestic entity, for comprehensive signalling and telecommunication works.  

The project involves the provision of an automatic block signalling system, enhancing the efficiency and safety of railway operations. 

The total value of the contract is ₹191.99 crore, inclusive of taxes. The project is expected to be executed within 480 days from the appointed date, ensuring timely delivery and implementation of the system. 

Contract Specifications and Execution Timeline 

The contract awarded by South Central Railway is domestic in nature and does not involve any related party transactions.  

Texmaco Rail has confirmed that neither the promoter group nor group companies have any interest in the entity awarding the contract. 

The project is set to be completed within a period of 480 days from the appointed date, ensuring adherence to the stipulated timeline and quality standards. 

Read More: Texmaco Rail & Engineering Shares Surge Over 9%; Secures ₹4,045 Crore Order from a South African Train Operating Company! 

Financial Implications and Company Statement 

The ₹191.99 crore contract represents a significant addition to Texmaco Rail's order book, reflecting the company's expertise in railway infrastructure projects.  

The company has assured stakeholders of its commitment to executing the project efficiently and effectively. 

In a statement, Sandeep Kumar Sultania, Company Secretary & Compliance Officer of Texmaco Rail, emphasised the importance of this contract in strengthening the company's position in the railway sector. 

Texmaco Rail & Engineering Share Price Performance 

As of May 18, 2026, at 9:55 AM, Texmaco Rail & Engineering share price on NSE was trading at ₹109.55 down by 5.75% from the previous closing price. 

Conclusion 

Texmaco Rail's acquisition of the ₹191.99 crore contract from South Central Railway underscores its capability in executing large-scale railway infrastructure projects. The project is set to enhance the signalling and telecommunication systems within the railway network, contributing to improved operational efficiency and safety. 

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