STOCKWATCH

Texmaco Rail & Engineering Ltd Secures Rs. 36 Crores Order from Transport Corporation of India Limited

Texmaco Rail & Engineering Ltd has been awarded an order worth Rs. 36,27,70,000 (Rupees Thirty Six Crores Twenty Seven Lakhs Seventy Thousand Only) by Transport Corporation of India Limited for the supply of 02 Rakes Containing (54 NO'S ACT-3 TYPE WAGONS and 02 NO'S BVCM). These Auto Car Taller Wagon (ACT 3) are newly developed and designed by Texmaco to cater to market and customer needs, capable of carrying SUVs, Small Trucks, and Tractors. The order is subject to performance and market conditions after the delivery of initial 2 rakes, with a provision for further order of similar 8 rakes.

• Texmaco Rail & Engineering Ltd has secured an order worth Rs. 36 Crores from Transport Corporation of India Limited.
• The order is for the supply of 02 Rakes Containing (54 NO'S ACT-3 TYPE WAGONS and 02 NO'S BVCM).
• The Auto Car Taller Wagon (ACT 3) is a new development by Texmaco, designed to carry SUVs, Small Trucks, and Tractors.
• The order is subject to performance and market conditions after the delivery of initial 2 rakes.
• There is a provision for further order of similar 8 rakes.