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NSE:TEXRAIL

4 stories mentioning NSE:TEXRAILUpdated 15d ago

Every FINWIRES story that references NSE:TEXRAIL, newest first.

Asia

Trinity Joins Texmaco-Touax Rail Leasing Venture

Texmaco Rail & Engineering (NSE:TEXRAIL, BOM:533326) said TrinityRail Global, a subsidiary of Trinity Industries, has acquired a 32% stake in Touax Texmaco Railcar Leasing, according to a Wednesday filing with the Indian bourses.Shares of Texmaco Rail jumped nearly 4% in Thursday's trade.Touax Texmaco Railcar Leasing is the railcar leasing joint venture between Texmaco and France-based Touax Group.The three-way partnership is focused on railcar leasing and asset solutions for the Indian freight rail market, it added.The partners aim to expand Touax Texmaco Railcar's leasing platform and introduce new railcar technologies and designs in India, the filing said.

BOM:533326NSE:TEXRAIL
Asia

Texmaco Rail & Engineering Bags INR286 Million Wagon Order; Shares Up 3%

Texmaco Rail & Engineering (NSE:TEXRAIL, BOM:533326) has received a letter of award for an order worth 285.8 million Indian rupees from Vedanta Aluminium Metal, according to a filing to the Indian stock exchanges on Saturday.The company's shares were up nearly 3% in Monday's trade.The contract involves the supply of one rake BTAP alumina transportation wagon and one brake van (guard vehicle) within six months.

BOM:533326NSE:TEXRAIL
Asia

Texmaco Rail Wins International Order Worth $431 Million; Shares Jump 14%

Texmaco Rail & Engineering (NSE:TEXRAIL, BOM:533326) received a letter of award worth about $430.6 million from Tsiko Africa Logistics and Barberry Holdings, according to an Indian bourse filing on Tuesday.Shares of the company jumped nearly 14% in Wednesday's trade.The order is for supply of freight wagons, locomotives and components, the filing said. It also includes long-term maintenance of the rolling stock, the filing said.The contract will be executed by 2027-2028, it added.

BOM:533326NSE:TEXRAIL
Asia

Texmaco Rail Bags Order Worth INR236 Million for Railway Rake, Break Van; Shares Down 3%

Texmaco Rail & Engineering (NSE:TEXRAIL, BOM:533326) has secured an order worth 235.7 million Indian rupees from Hindalco Industries (NSE:HINDALCO, BOM:500440), according to a Sunday filing to the Indian stock exchanges.The company's shares were down over 3% in early trade on Monday.The contract is for the supply of one Bogie Tank Alumina Powder (BTAP) rake and one break van within five months.BTAP rakes are specialized freight trains designed for the bulk transport of powder materials like calcined alumina and fly ash, while a brake van is a railway vehicle attached to the rear of freight trains.

BOM:500440BOM:533326NSE:HINDALCONSE:TEXRAIL

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