Texmaco Rail Share Price Surged by Nearly 9% during Trading Session Folling The Company’s Acquisition of a 535.6-Crore Contract from a Firm Located in Central Africa for the Supply and Maintenance of Over 1,600 freight wagons intended for bauxite transport. As per the agreement with Camalco Sa from Cameroon, Texmaco Will Be Responsible For the Design, Construction, and Comprehensive Maintenance of More Than 1,600 Open-Top Freight Wagons, AS Indicated Statement.
According to Texmaco’s Vice-Chairman Indrajit Mookerjee, The Agreement Aligns with India’s ‘Make For World’ Initiative, While Managing Director Sudipta Mukherjee Emphasized THOCASSED THET SHOWCASASS Manufacturing capabilities of the nation.
Rana Pratap Singh, CEO of Camalco, Mentioned that this collaboration contributes to the development of infrastructure in cameraon.
Company representatives stated that the contract enhances texmaco’s order backlog to 7,820 Crore, solidifying its presence in bot African and global markets.
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