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TEXRAIL
has secured a ₹219.18 crore order from Mumbai Railway Vikas Corporation for signalling works under Mumbai’s MUTP-IIIA railway expansion project. The scope includes design, supply, installation, testing, and commissioning of signalling systems for a proposed suburban line.
The stock slipped to a 52-week low of ₹111 yesterday, marking five consecutive sessions of negative closing — a clear sign of sustained selling pressure.
The big question now: Is this a value buying opportunity backed by a solid order book, or will the downtrend continue?
📉📈 What’s your view — bounce back or more downside ahead?
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