Airfloa Rail Technology Wins ₹1.92 Crore Railway Order; Shares Rise To ₹454.95
Airfloa Rail Technology Wins ₹1.92 Crore Railway Order; Shares Rise To ₹454.95
Google News - TechnologyMumbai August, 26: Airfloa Rail Technology Limited has secured a ₹1.92 crore order from the Furnishing Division of Integral Coach Factory, Chennai, for interior work on Kolkata Metro DTCC coaches.
According to an exchange filing, the order was received on August 25, 2026, from the Furnishing Division of Integral Coach Factory, Chennai, a unit of Indian Railways.
The contract covers the supply and installation of interior panelling and rubber flooring for Kolkata Metro DTCC coaches. The total order value is ₹1.92 crore and the company is required to complete the work on or before November 30, 2026.
The order is domestic and has been awarded under Indian Railways’ standard conditions of contract. Airfloa Rail Technology said there is no promoter or promoter group interest in the entity awarding the order.
The Airfloa Rail Technology share price stood at ₹454.95 as of 3:23 PM IST on August 26, 2026, according to the market data shown.
The stock moved higher during the session, with the price chart showing a stronger move during afternoon trading and increased volumes around the later part of the session.
The order announcement provides the company with additional execution work in the railway furnishing segment, although the filing does not disclose any change to its broader financial guidance.
Order Adds To Railway Furnishing Business
The latest contract is focused on interior components for Kolkata Metro DTCC coaches, extending Airfloa Rail Technology’s work with the railway sector.
Under the disclosed payment terms, up to 80% of the supply portion will be paid against inspection of certification and provisional physical receipt certification. The remaining 20%, along with installation charges, will be payable after receipt and acceptance of the stores by the competent authority.
Airfloa Rail Technology has added a ₹1.92 crore domestic railway order to its order book, with the contract covering interior panelling and rubber flooring for Kolkata Metro coaches.
The company is scheduled to complete the work by November 30, 2026. Its shares were quoted at ₹454.95 as of 3:23 PM IST on August 26, according to the market data shown.
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