Texmaco Rail & Engineering's shares are currently trading at Rs. 238.35, up by 1.70 points or 0.72% from its previous close of Rs. 236.65 on the BSE.

The stock opened at Rs. 234.20 and has reached a high of Rs. 239.65 and a low of Rs. 234.20. A total of 21,563 shares have been traded so far.

This BSE group 'A' stock, with a face value of Rs. 1, hit a 52-week high of Rs. 296.60 on July 12, 2024, and a 52-week low of Rs. 110.45 on October 26, 2023. Over the last week, the stock's high and low stood at Rs. 253.65 and Rs. 230.65 respectively. The company's current market capitalization is Rs. 9,453.39 crore.

The promoters hold 48.14% of the company, while institutional investors and non-institutional investors hold 18.03% and 33.83% respectively.

Texmaco Rail & Engineering has successfully completed the acquisition of Jindal Rail Infrastructure (JRIL), making JRIL a wholly owned subsidiary of Texmaco. Previously, the company had entered into agreements with JRIL's security holders, including JITF Urban Infrastructure Services and Siddeshwari Tradex, to acquire 100% of JRIL's share capital on a fully diluted basis.

With the acquisition now finalized, Texmaco gains full control over JRIL's research, design, and manufacturing capabilities, particularly in commodity-specific freight wagons. This acquisition strengthens Texmaco’s global product offerings and innovative edge, positioning the company as a leader in design and rolling stock solutions. Given the growing demand for new rolling stock designs in the private sector, this deal marks a significant step forward for Texmaco in offering comprehensive solutions.

Texmaco Rail & Engineering is a private engineering and infrastructure firm in India, focused on manufacturing railway wagons, coaches, locomotives, and related services.