Overview

• Texmaco will design, build and provide end-to-end upkeep for more than 1,600 open-top freight wagons to transport bauxite in Cameroon
• The initial order is split into a ₹282 crore manufacturing contract and a ₹253 crore long-term maintenance deal
• Deliveries are scheduled over two phases within 24 months, with an option to supply an additional 1,040 wagons over the next five years
• The deal boosts Texmaco’s order book to ₹7,820 crore, strengthening its position in African and other global markets
• Shares of Texmaco Rail & Engineering closed 4.44% higher at ₹173.39 on the NSE, marking a five-month peak