11 Jun 2025

Texmaco Rail Gains Over 3%, Secures Orders Worth RS. 166 Crore from Mumbai Railway Vikas Corporation

Texmaco Rail is currently trading at RS. 182.50, rising by 5.80 points or 3.28% from its previous close of RS. 176.70 on the BSE.

The stock opened at RS. 180.05 and recorded a high of RS. 185.00 and a low of RS. 180.00. So far, 2,20,849 shares have been traded on the counter.

The BSE group 'A' stock, with a face value of RS. 1, touched its 52-week high of RS. 296.60 on July 12, 2024, and a 52-week low of RS. 115.10 on April 7, 2025. In the past week, the stock has seen a high of RS. 185.00 and a low of RS. 168.70. The company's current market capitalization is RS. 7266.31 crore.

Promoter holding in the company stands at 48.26%, while institutional investors hold 16.03%, and non-institutional investors account for 35.71%.

Texmaco Rail & Engineering has secured a fresh order worth RS. 44.04 crore from Mumbai Railway Vikas Corporation, as per the letter dated June 9, 2025. The order involves supply, construction, installation, testing, and commissioning of traction transformers, SPs, and associated works, to be completed within 18 months.

Earlier, on June 2, 2025, the company had received another order worth RS. 122.31 crore from the same corporation.

Texmaco Rail & Engineering is an Indian private engineering and infrastructure company specializing in the manufacture of railway wagons, coaches, and locomotives, along with providing related services.