Texmaco Rail Stock in Focus After ₹219 Cr Signalling Order from MRVC

Texmaco Rail & Engineering has secured an order worth ₹219.18 crore from Mumbai Railway Vikas Corporation (MRVC). The contract is for the design, supply, installation, testing, and commissioning of signalling equipment related to the construction of a proposed railway line in the Mumbai Suburban network under the MUTP-IIIA project. This order strengthens Texmaco’s railway signalling order book, improves revenue visibility, and reinforces its role in India’s ongoing urban rail infrastructure expansion.