Texmaco Rail & Engineering zooms on bagging order worth Rs 535 crore
Texmaco Rail & Engineering is currently trading at Rs 181.85, up by 8.40 points or 4.84% from its previous closing of Rs 173.45 on the BSE.
The scrip opened at Rs 185.05 and has touched a high and low of Rs 189.00 and Rs 180.25 respectively. So far 1724650 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52-week high of Rs 296.60 on 12-Jul-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 189.00 and Rs 156.70 respectively. The current market cap of the company is Rs 7226.36 crore.
The promoters holding in the company stood at 48.26%, while Institutions and Non-Institutions held 16.03% and 35.71% respectively.
Texmaco Rail & Engineering has bagged an order worth $62,244,000 (equivalent to Rs 535 crore) from CAMALCO SA., Cameroon which include order for manufacturing and supply of 560 open Top wagons at $32,760,000 (equivalent to Rs 282 crore) and long-term maintenance contract for 20 years at $29,484,000 (equivalent to Rs 253 crore). Further, this initial order includes provision for additional order relating to supply of 1040 Wagons in next 5 years and long-term maintenance thereof.
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.
