Texmaco Rail & Engineering advanced 2.85 per cent to Rs 151.60 after announcing that it had received a purchase order worth Rs 868.5 million from Ultratech Cement for the supply of BCFC wagons along with a brake van.

According to the company’s exchange filing, the order is scheduled for completion and delivery by March 2026. Texmaco clarified that neither its promoters nor promoter group entities hold any interest in the awarding authority, and the transaction does not qualify as a related-party deal under applicable regulations.

Texmaco Rail & Engineering, a listed entity under the Adventz Group, operates across three core segments: Freight Cars, InfraRail & Green Energy, and InfraElectrical. The company specialises in manufacturing rolling stock, locomotive components, hydro-mechanical equipment, railway infrastructure, bridges, and steel structures, and is a leading supplier of freight cars to Indian Railways.

Ultratech Cement, the flagship cement company of the Aditya Birla Group, is the third-largest cement producer globally outside China, with a consolidated grey cement capacity of 154.86 million tonnes per annum. Its shares fell 0.72 per cent to Rs 12,535 on the BSE.