Texmaco Rail shines on bagging LoA worth Rs 4045 crore
Texmaco Rail & Engineering is currently trading at Rs. 120.00, up by 14.45 points or 13.69% from its previous closing of Rs. 105.55 on the BSE.
The scrip opened at Rs. 116.10 and has touched a high and low of Rs. 120.95 and Rs. 113.40 respectively. So far 1891498 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 189.00 on 26-Jun-2025 and a 52 week low of Rs. 78.15 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 120.95 and Rs. 94.57 respectively. The current market cap of the company is Rs. 4833.55 crore.
The promoters holding in the company stood at 48.34%, while Institutions and Non-Institutions held 13.00% and 38.66% respectively.
Texmaco Rail & Engineering has received Letter of Award (LoA) worth around $430.57 million (equivalent to Rs 4045 crore) for rolling stock freight wagons/ locomotives/components and long-term maintenance thereof. The order is scheduled to be executed in 2027-2028. Tsiko Africa Logistics together with Barberry Holdings has issued the said LoA to the company.
