Texmaco Rail Bags ₹129 Crore RVNL Order; Stock Advances Almost 3%

Mumbai, September 12, 2025 – Texmaco Rail & Engineering Limited has secured an order worth ₹129.09 crore from Rail Vikas Nigam Limited (RVNL) for railway electrification work in Maharashtra. The stock responded positively to the announcement and gained 3% in early trading today, boosting investor confidence in the company’s strong order pipeline and growth prospects.

Order Details

The company has announced, it has received a Letter of Acceptance from RVNL for the design, supply, erection, testing, and commissioning of 2×25 KV traction overhead equipment and associated works on the Yavatmal–Digras section in the Nagpur Division under Central Railways. The contract of ₹129.09 crore has to be completed within 18 months of commencement. Texmaco Rail further mentioned that the order is domestic in nature and has no related-party transactions.

Market Reaction

After the announcement, shares of Texmaco Rail rose 2.72%. The stock traded at ₹145.91 at 2:50 pm IST versus the last close of ₹142.04. It hit an intraday high of ₹146.98 and an intraday low of ₹141.61 so far, indicating high investor confidence.

Meanwhile, the volume-weighted average price of the stock was ₹144.29. Trading volume was 16.46 lakh shares, and the total turnover was ₹23.73 crore. The market capitalization of the company was placed at ₹5,850.60 crore, while the free float market cap was at about ₹2,970.01 crore. In the last twelve months, the stock has traded between a 52-week high of ₹239.74, hit on December 17, 2024, and a 52-week low of ₹119.06, seen on April 7, 2025.

About Texmaco Rail

Texmaco Rail & Engineering Limited, a member of the Adventz Group, is based in Kolkata and deals in rail infrastructure and engineering solutions. Listed from March 2011, the company is in the industrial products industry and is a part of the NIFTY Total Market Index.

REF: https://nsearchives.nseindia.com/corporate/TEXRAIL_12092025141616_TexRailReceiptofOrderRVNL12092025Signed.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations