Texmaco Rail & Engineering gains on bagging order worth Rs 27.75 crore

The company has received order from South Western Railway

Texmaco Rail & Engineering is currently trading at Rs. 176.80, up by 0.70 points or 0.40% from its previous closing of Rs. 176.10 on the BSE.

The scrip opened at Rs. 177.70 and has touched a high and low of Rs. 179.60 and Rs. 176.30 respectively. So far 164282 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 296.60 on 12-Jul-2024 and a 52 week low of Rs. 115.10 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 189.00 and Rs. 167.25 respectively. The current market cap of the company is Rs. 7054.59 crore.

The promoters holding in the company stood at 48.26%, while Institutions and Non-Institutions held 16.03% and 35.71% respectively.

Texmaco Rail & Engineering has bagged order worth Rs 27.75 crore from South Western Railway for TRD maintenance & breakdown activities in BYPL(Incl)- OML(Excl), YNK(excl)- BWT(excl), BAW(incl)-SPGR(incl) SBC(incl)- JTJ(Excl), BAW(Excl)- HAS(Excl), BID-Y and YNK-DMM sections. The said order is to be completed in 24 months from the date of LOA.

Texmaco Rail & Engineering is a private engineering and infrastructure company based in India. It is primarily engaged in the business of manufacturing railway wagons, coaches, and locomotives, as well as providing related services.