Shares of Texmaco Rail & Engineering Ltd. saw an early surge of over 3% on Monday, September 7, 2026, following the announcement of two significant new orders. The railway sector firm confirmed contracts aggregating to Rs 131.36 crore, boosting investor sentiment.
The stock climbed 3.23% to Rs 119.70 in early deals, up from its previous close of Rs 115.95. This movement pushed the company's market capitalization to Rs 4833 crore.
Details of the New Contracts
Texmaco Rail's new order wins include:
- An order from Transport Corporation of India Limited valued at Rs 24.48 crore. This contract is for the manufacture, supply, and commissioning of one rake of Type: ACT-1 wagons, along with one BVCM wagon.
- A larger order from Touax Texmaco Railcar Leasing Private Limited worth Rs 106.88 crore. This involves the manufacture and supply of four rakes of BFNS22.9 wagons, accompanied by four BVCM wagons.
These contracts underscore Texmaco Rail's strong position in the railway manufacturing sector.
Stock Performance and Company Profile
On Monday, approximately 0.90 lakh shares of Texmaco Rail were traded, amounting to a turnover of Rs 1.06 crore. The company's shares have experienced fluctuations, hitting a 52-week high of Rs 152.90 on September 19, 2025, and a 52-week low of Rs 78.15 on March 30, 2026.
Texmaco Rail & Engineering is a diversified manufacturer with a broad product portfolio. Its offerings include railway freight cars, hydro-mechanical equipment, industrial structural components, loco components and shells, steel girders for railway bridges, steel castings, and pressure vessels. The company also undertakes Engineering, Procurement, and Construction (EPC) contracts for railway track, signaling, telecommunication projects, rail electrification, and automatic fare collection systems on a turnkey basis.