New Delhi, Feb. 17 -- Texmaco Rail & Engineering share price jumps 10% to Rs.123.14 apiece on Tuesday, February 17, after the company announced it has secured two new orders worth Rs.240 crore. The stock opened at Rs.116.05 apiece in the early morning session on Tuesday, as compared to the previous close of Rs.111.22.

In two separate exchange filings, Texmaco Rail & Engineering announced on Tuesday, February 16, that it had won two fresh contracts. One order, valued at Rs.219.18 crore, was awarded by Mumbai Railway Vikas Corporation, while the second contract, worth Rs.27.67 crore, came from South Western Railway.

The Mumbai Railway Vikas Corp awarded the order to the company for design, supply, installation, testing and commissioning o...