Texmaco Rail & Engineering gains on securing order worth Rs 33.89 crore
Texmaco Rail & Engineering is currently trading at Rs 138.30, up by 1.45 points or 1.06% from its previous closing of Rs 136.85 on the BSE.
The scrip opened at Rs 137.80 and has touched a high and low of Rs 141.50 and Rs 137.75 respectively. So far 71641 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52-week high of Rs 239.65 on 17-Dec-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 141.50 and Rs 134.00 respectively. The current market cap of the company is Rs 5628.97 crore.
The promoters holding in the company stood at 48.26%, while Institutions and Non-Institutions held 14.23% and 37.51% respectively.
Texmaco Rail & Engineering has secured order worth Rs 33.89 crore from Central Railway for design, manufacture, supply of associated equipments, erection, testing & commissioning of 132kV/55kV (2*25kV System) Scott Connected transformer along with sectioning & Paralleling Post (SP) and Sub-sectioning & Paralleling Post (SSP) in Beed-Parli section in connection with Ahmadnagar-Beed-Parli New BG Line of Central Railway.
The said order is to be completed within 12 months from the date of issuance of the letter of acceptance.
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.
