Two railway stocks climb by as much as 4% following order wins announced on Friday.

Shares of railway-connected firms, including Rail Vikas Nigam Ltd. (RVNL) and Texmaco Rail & Engineering Ltd., are experiencing gains of up to 4% on Monday, June 22, following the announcement of new order acquisitions by both companies.

Texmaco Rail & Engineering

Texmaco has obtained an order valued at ₹253.3 crore from JSW (South) Rail Logistics for the production and supply of railway rakes and wagons.
Additionally, the company received another order worth ₹11.5 crore from Odisha Power Transmission Corporation Ltd. for the installation of a second-circuit SC line on a DC tower on a turnkey basis.
These recent wins enhance Texmaco’s order backlog, which reached ₹5,408 crore at the end of FY26. The new orders also support the firm’s strategy to broaden its market beyond Indian Railways and boost its non-railway and private sector business segments.

Rail Vikas Nigam (RVNL)

RVNL has secured an order totaling ₹2,977 crore, inclusive of GST, from NMDC.

This contract encompasses the establishment of buffer stockpiles and a blending yard with a capacity of 10 million tonnes per annum (MTPA) in Visakhapatnam.

The new order further enhances RVNL’s execution pipeline and contributes to its solid order book totaling ₹99,292 crore as of FY26.