Texmaco Rail & Engineering is currently trading at RS. 138.80, up by 0.40 points or 0.29% from its previous closing of RS. 138.40 on the BSE.

The stock opened at RS. 138.55 and touched a high of RS. 140.10 and a low of RS. 136.10. So far, 87446 shares have been traded on the counter.

The BSE group 'A' stock with a face value of RS. 1 recorded a 52-week high of RS. 254.50 on August 28, 2024, and a 52-week low of RS. 115.10 on April 7, 2025. In the past week, the stock's high and low were RS. 149.00 and RS. 136.10 respectively. The company's current market capitalization stands at RS. 5512.65 crore.

Promoters hold 48.26% of the company’s shares, while institutions and non-institutions own 15.49% and 36.25% respectively.

Texmaco Rail & Engineering has received board approval for executing a joint venture agreement (JVA) with Rail Vikas Nigam Limited (RVNL) to establish and operate a joint venture company (JV Company). Texmaco will hold 49% and RVNL 51% in the JV.

The JV will focus on manufacturing and maintenance of freight and passenger rolling stock, locomotives, coaches, wagons, metro coaches, trainsets, and specialized equipment. It will also participate in domestic and international tenders and execute EPC projects in the rail infrastructure sector. The transaction is expected to close by December 31, 2025.

Texmaco Rail & Engineering, a leading private engineering and infrastructure company in India, specializes in manufacturing railway wagons, coaches, and locomotives along with related services.