Powered by: Motilal Oswal
2025-06-11 10:44:14 am | Source: Accord Fintech
Texmaco Rail soars on securing order worth Rs 44.04 crore
Texmaco Rail soars on securing order worth Rs 44.04 crore

Texmaco Rail is currently trading at Rs. 182.50, up by 5.80 points or 3.28% from its previous closing of Rs. 176.70 on the BSE.

The scrip opened at Rs. 180.05 and has touched a high and low of Rs. 185.00 and Rs. 180.00 respectively. So far 220849 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. 185.00 and Rs. 168.70 respectively. The current market cap of the company is Rs. 7266.31 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 secured an order worth Rs 44.04 crore from Mumbai Railway Vikas Corporation vide its letter dated June 09, 2025 for supply, construction, installation, testing and commissioning of traction transformers, SPs & associated works. The order is to be executed within 18 months.

Earlier, the company had received order worth Rs 122.31 crore from Mumbai Railway Vikas Corporation vide its letter dated June 02, 2025.

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.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here