TEXRAIL

Feb 24 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• TEXMACO RAIL & ENGINEERING LTD - CO AND NEVOMO FORGE ALLIANCE

• TEXMACO RAIL & ENGINEERING - ENTERS INTO STRATEGIC MEMORANDUM OF UNDERSTANDING WITH NEVOMO

• TEXMACO RAIL & ENGINEERING - ALLIANCE FOR HIGH-SPEED RAIL SOLUTIONS AND PREDICTIVE TRACK MAINTENANCE

Source text: ID:nnAPN2NUMNV

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** Shares of Indian railway infra-linked cos Rail Vikas RAIV.NS, Ircon International IRCN.NS, Titagarh Rail TITG.NS, Indian Railway Finance Copr INID.NS, Texmaco Rail TEXA.NS, RailTel RAIT.NS drop 4%-7%

** Road infra-linked cos Larsen & Toubro LART.NS, IRB Infra IRBI.NS, G R Infraprojects GINF.NS, HG Infra HGIN.NS, KEC International KECL.NS also lose 4%-7%

** FY26 capex set at 11.2 trln rupees ($128.58 bln), up 10% Y/Y

** Infra-related capex growth for FY2026 is underwhelming, says J.P.Morgan

** Adds, railways and road capex growth remains flat for the fiscal

** Says, almost the entire growth in FY26 capex driven by investment in items unrelated to infra, including investment in international financial institutions, other economic services

** Infra-linked stocks have been biggest losers in benchmark and sectoral indexes on Saturday and Monday

** Nifty infrastructure index .NIFTYINFR down 3.2% in two sessions vs 0.8% drop in Nifty 50

($1 = 87.1075 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

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Jan 31 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• DEC-QUARTER CONSOL NET PROFIT 767.2 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 13.26 BILLION RUPEES

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** Shares of Texmaco Rail & Engineering TEXA.NS rise 3% to 236 rupees in early trade

** Co gets order worth 1.87 bln rupees ($22.02 mln) from Chhattisgarh State Power Transmission Co

** Order to construct nine 132 kV transmission lines on turnkey basis

** TEXA up ~38% YTD

($1 = 84.9150 Indian rupees)

(Reporting by Vijay Malkar)

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Dec 16 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• TEXMACO RAIL & ENGINEERING - RECEIVES ORDER WORTH 1.87 BILLION RUPEES

Source text: ID:nBSE2Px1WZ

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Oct 25 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• TEXMACO RAIL & ENGINEERING SEPT-QUARTER CONSOL NET PROFIT 728.6 MILLION RUPEES

• TEXMACO RAIL & ENGINEERING SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 13.46 BILLION RUPEES

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** Shares of Texmaco Rail TEXA.NS rise about 3.7% to 254.65 rupees apiece

** Rise after the rail wagon maker says it expects three-to-five-fold growth in export of components and railway casting over the next two to three years

** TEXA management says the capital allocation of 2.52 trillion rupees ($30 billion) to Ministry of Railways, as well as strong government infrastructure spending to aid growth in the sector

** Also adds the acquisition of Jindal Rail & Infrastructure in July to enhance TEXA's capabilities and market share

** TEXA shares up 45.2% in 2024 so far

($1 = 83.9575 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

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Aug 13 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• JUNE-QUARTER CONSOL NET PROFIT 363.4 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 8.92 BILLION RUPEES

Source text for Eikon: ID:nBSEGdfkN

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July 25 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• APPROVED ACQUISITION OF ALL OF RIGHTS SECURITIES OF JINDAL RAIL INFRASTRUCTURE

• DEAL FOR 6.15 BILLION RUPEES

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** Nifty infrastructure index .NIFTYINFR extends losses after India budget retains capex outlay

** NIFTYINFR sheds 0.5%, before budget was down 0.2%

** India government retains capex outlay on Tuesday's budget from interim budget announced in Feb 2024

** Infrastructure was widely expected to be among key focus of this budget

** Expected infra focus spurred hopes that capex will be raised, said Kranthi Bathini, Wealthmills Securities

** Construction bellwether Larsen and Toubro LART.NS fall 2.2%

** Wagon makers Titagarh Rail Systems TITG.NS and Texmaco TEXA.NS fall 1.8% and 2.1%

** Road makers Dilip Buildcon DIBL.NS and IRB Infrastructure Developers IRBI.NS down ~1% each

(Reporting by Hritam Mukherjee in Bengaluru)

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** Shares of India's Titagarh Rail Systems TITG.NS up 7.9% after rising as much as ~9% earlier in the session

** TITG rebounds after slumping 25% over last two sessions

** Co said it launched a new engineering centre in Bengaluru city

** Separately, markets bet that capex spending of incoming government will continue, benchmarks add ~1% .BO

** Rival Texmaco Rail & Engineering TEXA.NS also up 6.8%

** YTD TITG has gained ~15%

(Reporting by Hritam Mukherjee in Bengaluru)

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June 4 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• ENTERED INTO SHAREHOLDERS' AGREEMENT & SHARE PURCHASE AGREEMENT WITH SAIRA ASIA INTERIORS

• DEAL FOR 90 MILLION RUPEES

Source text for Eikon: ID:nBSE2cd9nq

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** Shares of Texmaco Rail & Engineering TEXA.NS up 5.1% at 187.35 rupees

** Stock on track for a third consecutive session of gain, if trend holds

** TEXA reports 2.5x Y/Y jump in Q4 net profit; revenue rose to 11.45 bln rupees ($137.1 mln) from 8.35 bln rupees yr ago

** The growth outpaced expenses, which rose to 10.97 bln rupees from 8.2 bln rupees

** Trading vol 3.1x 30-day daily avg

** Stock up 9.1% YTD including session's move

** Stock rose 201.9% in 2023, its best year since 2014

($1 = 83.4925 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

Feb 27 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• APPROVED RAISING OF FUNDS VIA ISSUANCE OF CONVERTIBLE WARRANTS FOR UPTO 1.50 BILLION RUPEES

• APPROVED RAISING OF FUNDS VIA ISSUE OF CONVERTIBLE WARRANTS BY WAY OF PREFERENTIAL ISSUE

Source text for Eikon: ID:nBSE6gk3zK

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Feb 22 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• TEXMACO RAIL & ENGINEERING LTD - TO CONSIDER A PROPOSAL FOR RAISING OF FUNDS

Source text for Eikon: ID:nBSE2JyPrH

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Feb 1 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• DEC-QUARTER CONSOL NET PROFIT 304.9 MILLION RUPEES VERSUS 128.1 MILLION RUPEES YEAR AGO

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.96 BILLION RUPEES VERSUS 6.25 BILLION RUPEES YEAR AGO

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** Shares of Texmaco Rail & Engineering TEXA.NS up ~4% after co wins work order from India's Ministry of Railways

** Co wins order worth 13.74 bln rupees ($165 mln) to manufacture and supply 3,400 BOXNS wagons

** Stock above 200-day moving avgs since April 21, after co said it entered a joint venture with NYMWAG CS

** Stock also above 50- and 100-day avgs since mid-November

** Including session's gains, TEXA is up 198% YTD and is on track to gain for a third consecutive year

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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Dec 20 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• MINISTRY OF RAILWAYS GAVE ORDER TO CO FOR MANUFACTURE AND SUPPLY OF 3,400 BOXNS WAGONS

• ORDER VALUED AT 13.74 BILLION RUPEES

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** Shares of Texmaco Rail & Engineering TEXA.NS rise as much as 10.6% to a record high of 188.8 rupees

** The railway equipment maker said on Thursday it got order worth 13.74 bln rupees ($164.92 million) from the Ministry of Railways

** Order to make and supply 3,400 BOXNS (Bogie open wagon fitted with air brakes) wagons

** Texmaco stock on track for a fourth consecutive session of gains, if trend holds

** More than 6.3 mln shares change hands, 1.4x its 30-day avg

** Stock set for best yearly gain since 2014

** Including session's gains, stock up 237% YTD

($1 = 83.3130 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

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Dec 14 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• GETS ORDER WORTH 13.74 BILLION RUPEES

• ORDER FOR MANUFACTURE AND SUPPLY OF 3,400 BOXNS WAGONS

Source text for Eikon: ID:nBSE8fS5J8

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** Shares of India's Texmaco Rail & Engineering TEXA.NS up 1.5% at 151.30 rupees

** Railway equipment maker approved opening a qualified institutional placement (QIP) of shares on Tuesday, sets floor price for issue at 135.90 rupees

** Stock up 167% YTD

(Reporting by Sethuraman NR)

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Nov 21 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• APPROVED FLOOR PRICE FOR QIP OF 135.90 RUPEES PER SHARE

Source text for Eikon: ID:nBSEb8pDfH

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** Shares of Texmaco Rail & Engineering TEXA.NS up 6.7% at 142.25 rupees

** Railway equipment maker reports ~70% YoY rise in its Sept-qtr consol net profit; rev from ops up ~66% YoY

** TEXA on track to rise for second straight session, if gains hold

** About 4.6 mln shares change hands as of 11:04 a.m. IST, 1.4x the 30-day moving average

** Including day's move, stock has more than doubled so far this year

(Reporting by Kashish Tandon in Bengaluru)

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Sept 15 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• APPROVED RAISING OF FUNDS UP TO 10 BILLION RUPEES

• APPROVED RAISING OF FUNDS BY ISSUANCE OF EQUITY SHARES THROUGH QUALIFIED INSTITUTIONS PLACEMENT

• APPROVED RAISING OF FUNDS BY ISSUANCE OF EQUITY SHARES VIA PREFERENTIAL ISSUE

• APPROVED RAISING OF FUNDS WORTH 500 MLN RUPEES VIA ISSUE OF SHARES

Source text for Eikon: ID:nBSEf0SDZ

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Sept 12 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• TO CONSIDER PROPOSALS FOR RAISING OF FUNDS

Source text for Eikon: ID:nBSE9MDWPx

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Aug 10 (Reuters) - Hindalco Industries Ltd HALC.NS:

• HINDALCO AND TEXMACO RAIL & ENGINEERING ENTERED A STRATEGIC ALLIANCE TO DEVELOP AND MANUFACTURE RAIL WAGONS AND COACHES

• AIMS TO BUILD A WORLD-CLASS MANUFACTURING FACILITY IN INDIA

Source text for Eikon: ID:nBSE4PK9g7

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Aug 3 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• INDIA'S TEXMACO RAIL & ENGINEERING JUNE-QUARTER CONSOL NET PROFIT 127.5 MILLION RUPEES VERSUS LOSS 205.4 MILLION RUPEES

• TEXMACO RAIL & ENGINEERING JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 6.57 BILLION RUPEES VERSUS 2.99 BILLION RUPEES

Source text for Eikon: ID:nBSE34rkv5

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July 12 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• TO CONSIDER PROPOSALS FOR RAISING OF FUNDS

Source text for Eikon: ID:nBSE6QbXZw

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May 12 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• INDIA'S TEXMACO RAIL & ENGINEERING LTD MARCH-QUARTER CONSOL NET PROFIT 183.3 MILLION RUPEES VERSUS 54.5 MILLION RUPEES

• TEXMACO RAIL & ENGINEERING LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 8.35 BILLION RUPEES VERSUS 4.47 BILLION RUPEES

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April 20 (Reuters) - Texmaco Rail & Engineering Ltd TEXA.NS:

• TEXMACO RAIL & ENGINEERING LTD - ENTERED INTO A BINDING JOINT VENTURE AGREEMENT WITH NYMWAG CS

• TEXMACO RAIL & ENGINEERING LTD - TO FORM A JOINT VENTURE COMPANY FOR MANUFACTURING OF FREIGHT WAGON AND/OR ITS COMPONENTS OR PARTS

Source text for Eikon: ID:nBSE1R6q04

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