Texmaco Rail & Engineering shares rose 2.99 per cent to Rs 146.30 after the company announced that it had secured a supply order worth Rs 1.03 billion from Leap Grain Rail Logistics.

The contract covers the supply of BCBFG wagons along with BVCM brake vans, with deliveries to be completed within 10 months. In a regulatory filing, Texmaco clarified that neither its promoters nor group companies have any interest in the awarding entity, and confirmed that the order does not constitute a related-party transaction.

Texmaco Rail & Engineering, part of the Adventz Group, is a key player in India’s railway and infrastructure sector. It operates through three business segments—Freight Cars, InfraRail & Green Energy, and InfraElectrical. The company specialises in rolling stock, locomotive components, hydro-mechanical equipment, bridges, steel structures, and railway infrastructure. It also remains a leading supplier of freight cars to Indian Railways.

Despite this order win, the company recently reported weaker financial performance. Consolidated net profit fell 49.87 per cent to Rs 300 million in Q1 FY26, compared with Rs 598 million in Q1 FY25. Revenue from operations also declined 16.32 per cent year-on-year to Rs 9.11 billion for the quarter ended 30 June 2025.

The latest contract, however, is expected to strengthen Texmaco’s order book and reaffirm its position in the freight car and wagon supply market.