Texmaco Rail & Engineering Ltd receives order from Camalco SA., Cameroon

CAMALCO SA., Cameroon vide its letter of intent dated 24th June, 2025 received by us today, has awarded an order of USD 62,244,000 (United States Dollars Sixty Two Million Two Hundred Forty Four Thousand Only) (equivalent to INR 535 Crore ) which include order for manufacturing and supply of 560 open Top wagons at USD 32,760,000 (United States Dollars Thirty Two Million Seven Hundred Sixty Thousand Only) (equivalent to INR 282 Crore ) and long term maintenance contract for 20 years at USD 29,484,000(United States Dollars Twenty Nine Million Four Hundred Eighty Four Thousand Only) (equivalent to INR 253 Crore ) . Further, this initial order includes provision for additional order relating to supply of 1040 Wagons in next 5 years and long term maintenance thereof.

Shares of Texmaco Rail & Engineering Limited was last trading in BSE at Rs. 173.45 as compared to the previous close of Rs. 165.95. The total number of shares traded during the day was 204606 in over 2412 trades.

The stock hit an intraday high of Rs. 175.20 and intraday low of 167.25. The net turnover during the day was Rs. 35309745.00.

Source : Equity Bulls

Keywords

TexmacoRailandEngineering INE621L01012 OrderWin CamalcoSA Cameroon