Texmaco Rail & Engineering soars on securing order worth Rs 86.85 crore
Texmaco Rail & Engineering is currently trading at Rs. 151.85, up by 4.45 points or 3.02% from its previous closing of Rs. 147.40 on the BSE.
The scrip opened at Rs. 150.70 and has touched a high and low of Rs. 152.90 and Rs. 150.40 respectively. So far 121967 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. 152.90 and Rs. 146.75 respectively. The current market cap of the company is Rs. 6097.87 crore.
The promoters holding in the company stood at 48.26%, while Institutions and Non-Institutions held 15.49% and 36.25% respectively.
Texmaco Rail & Engineering has secured order worth Rs 86.85 crore from M/s. Ultratech Cement. The order is for BCFC Wagons along with Brake Van. The said order is to be delivered by March 2026.
Earlier, the company had received Letter of Acceptance (LoA) from M/s Rail Vikas Nigam for an order of Rs 129.09 crore (inclusive of all taxes).
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.
