Texmaco Rail bags 2 railway orders worth Rs 191.99 crore from South Central Railway

On Friday, shares of Texmaco Rail & Engineering Ltd closed at Rs 115.66 per share, down 7.66 per cent from its previous closing of Rs 125.26 per share. The stock’s 52-week high is Rs 189 per share and its 52-week low is Rs 78.05 per share. During the trading session, the stock touched an Intraday high of Rs 124.10, rising nearly 0.08 per cent from the opening price of Rs 124.

Texmaco Rail & Engineering Ltd on May 15, 2026 informed the exchanges that South Central Railway has issued two Letters of Acceptance with a total order value of Rs 191.99 crore, including Taxes.

According to the filing, the orders have been awarded by a domestic entity, namely South Central Railway. The execution period for the projects is within 480 days from the appointed date.

The company also clarified that neither the promoter group nor group companies have any interest in the entity awarding the contracts. Further, the contracts do not fall under related party transactions.

Texmaco Rail & Engineering Ltd is an engineering infrastructure company and part of the Adventz Group. The company operates in the manufacturing of rolling stock, hydro-mechanical equipment, steel castings, and Construction of Rail EPC projects, bridges, and other steel structures.

The company has a market cap of over Rs 4,705.80 crore. The stock price has surged over 104.17 per cent in the last 3 years. The stock has also rallied nearly 48.19 per cent from its 52-week low of Rs 78.05 per share.

Disclaimer: The article is for informational purposes only and not investment advice.

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