Sign In
By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
Kolkata: Of all the private sector companies that supply rolling stock like wagons, coaches and locomotives to Indian Railways, Kolkata-based Texmaco Rail & Engineering is a major one. It already has an order book size of Rs 6,367 crore. The company has won fresh contracts, strengthening the pipeline. The shares of Texmaco Rail & Engineering have delivered robust returns over the long term. Let's have a closer look at the stock.
Texmaco Rail & Engineering was set up on June 25, 1998. The company debuted on the stock exchanges on March 3, 2011 on both the BSE and NSE. Apart from supplying rolling stock to the railways, the company has got other skills. It manufactures hydro-mechanical equipment for power plants, steel castings and steel structures for bridges and other infrastructure projects.
The contract has been awarded by Central Railway. It is valued at Rs 6.39 crore and entails modification of the overhead equipment at Kalyan Station of Mumbai Division. The work will support the planned extension of the Island Platform at Kalyan Station and is designed to improve passenger movement and handling higher train traffic. The duration of the project is six months from the date of issuance of the Letter of Acceptance.
In Q2FY26, Texmaco Rail & Engineering posted net sales of Rs 1,258 crore, which marked a 7% decline from Rs 1,346 crore in the same period in 2024. The net profit of the company for the Q2FY26 period stood at Rs 63.92 crore. For the entire FY25 results, net sales jumped 120% to Rs 249 crore. The order book of the company as on September 30, 2025 was Rs 6,367 crore.
The Texmaco Rail & Engineering stock price after midday on Nov 21 was trading at Rs 130.30, down Rs 1.17 or 0.89%. The 52-week high and 52-week low prices of the shares are Rs 239.74 and Rs 119.06 respectively. Over the past one month, the stock generated negative returns of 3.69%, over the past six months negative returns of 17.30%, over the past 1 year negative returns of 32.60%. But for the past five years, the stock gave positive returns of 481.64%.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, REITs, INVITs, any form of alternative investment instruments and crypto assets.)
