RVNL and Texmaco Rail shares rise up to 4% after new order wins

Railway Stocks Jump Up To 4%, RVNL And Texmaco Gain After Securing Fresh Orders Worth Over ₹3,240 Crore

Mumbai: Shares of railway-related companies Rail Vikas Nigam Ltd. and Texmaco Rail & Engineering Ltd. rose by up to 4 percent on Monday, June 22, after both companies announced fresh order wins on Friday.The new contracts have improved investor confidence and boosted buying interest in both stocks.RVNL Wins Large NMDC ContractRail Vikas Nigam Ltd. secured a major order worth Rs 2,977 crore, including GST, from NMDC Ltd..Texmaco Rail Wins Odisha Power Orders, ₹11.65 Crore Transmission Projects To Be Completed In 12 MonthsThe project involves setting up buffer stockpiles and a blending yard at Visakhapatnam.The facility will have a handling capacity of 10 million tonnes per annum (MTPA).This infrastructure will help improve mineral storage, handling and blending operations. It is expected to improve logistics efficiency and reduce delays in supply movement.The new contract has further strengthened RVNL’s execution pipeline. RVNL Bags ₹758 Crore NMDC Contract, Wins Railway Siding Project For Bacheli ExpansionAt the end of FY26, the company’s total order book stood at Rs 99,292 crore, giving strong revenue visibility for the coming years.Texmaco Bags Two New OrdersTexmaco Rail & Engineering Ltd. also announced two fresh orders.The company received an order worth Rs 253.3 crore from JSW South Rail Logistics for manufacturing and supplying railway rakes and wagons.In addition, Texmaco secured another order worth Rs 11.5 crore from Odisha Power Transmission Corporation Ltd..This contract is for the construction of a second-circuit single conductor line on a double-circuit tower on a turnkey basis.These new orders are expected to support Texmaco’s revenue growth.RVNL Wins ₹2,977 Crore NMDC Contract, Major Vizag Infrastructure Project To Boost Order BookPositive Signal For Railway StocksTexmaco’s order book stood at Rs 5,408 crore at the end of FY26.The latest order wins also show the company’s focus on growing beyond Indian Railways and increasing business from private-sector clients.Analysts believe strong order inflows remain a positive sign for railway and infrastructure stocks.

23 hours ago

RVNL, Texmaco Rail Share Price Rally Upto 4% On New Order Wins

Shares of RVNL opened at Rs 249 and gained nearly 2% to hit an intraday high of Rs 250.90 after the opening bell. Texmaco Rail shares last traded 4.79% higher at Rs 114.52 apiece on the NSE.

1 day ago

RVNL, Texmaco Rail Share Price Rally Upto 4% On New Order Wins

Shares of RVNL opened at Rs 249 and gained nearly 2% to hit an intraday high of Rs 250.90 after the opening bell. Texmaco Rail shares last traded 4.79% higher at Rs 114.52 apiece on the NSE.

1 day ago