Texmaco Rail jumps on launching network of Global Capability Centres across India
The company expects the GCC initiative to contribute 10%-15% to its overall growth strategy over the medium term
Texmaco Rail & Engineering is currently trading at Rs. 108.35, up by 2.38 points or 2.25% from its previous closing of Rs. 105.97 on the BSE.
The scrip opened at Rs. 106.01 and has touched a high and low of Rs. 109.93 and Rs. 105.64 respectively. So far 106015 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 189.00 on 26-Jun-2025 and a 52 week low of Rs. 78.15 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 109.93 and Rs. 78.15 respectively. The current market cap of the company is Rs. 4389.66 crore.
The promoters holding in the company stood at 48.34%, while Institutions and Non-Institutions held 13.00% and 38.66% respectively.
Texmaco Rail & Engineering, part of the Adventz Group, has launched a network of Global Capability Centres (GCCs) across India, under the brand name - invariz powered by ServiceNow platform - marking its entry into AI-led global services and digital solutions. The company had soft launched the first centre in Faridabad at the end of last year, with plans to scale operations to other locations. The GCC rollout is expected to generate over 1200 direct jobs, contributing over $100 million in incremental revenue by 2030 and creating a new growth engine alongside its core railway and infrastructure businesses.
The move signals a strategic pivot for the 86-year-old engineering major as it integrates AI-driven platforms into its operations and expands into high-value digital services. The GCCs will leverage ServiceNow’s AI-powered workflow platform to deliver automation-led enterprise solutions, targeting both domestic and international clients across sectors. The company added that the GCC platform will also act as a hub for innovation, digital talent development, and AI-led transformation, supporting multi-industry use cases and reinforcing India’s role as a global GCC destination. The company expects the GCC initiative to contribute 10%-15% to its overall growth strategy over the medium term, complementing its core manufacturing and infrastructure businesses.
Texmaco Rail & Engineering manufactures a diverse range of products viz. Railway Freight Cars, Hydro-mechanical Equipment & Industrial Structurals, Steel Castings, and Pressure Vessels, etc.
