Texmaco Rail & Engineering Ltd's share price traded at of ₹162.60, showing a modest gain of 0.94% at 9:25 AM on the NSE over the previous close of ₹160.37. The intraday price ranged between ₹160.78 and ₹162.60, with a volume-weighted average price (VWAP) of ₹161.57. The stock saw active trading with a traded volume of 2.39 lakh shares and a traded value of ₹3.86 crore.
Texmaco Rail & Engineering Ltd has secured a significant ₹122.3 crore contract from Mumbai Railway Vikas Corporation (MRVC). As disclosed in a stock exchange filing on June 3, the project was awarded on June 2, 2025, and involves comprehensive work including design, supply, construction, installation, testing, and commissioning of traction transformers and associated systems.
The scope of this contract includes critical infrastructure development on Mumbai’s Western Railway line, a key part of the city’s suburban train network. The 30-month-long project aims to boost the operational efficiency and electrical systems of one of the busiest rail corridors in the country.
This contract marks Texmaco’s second major achievement in just one week. Previously, the company bagged a ₹140 crore deal to manufacture and supply eight rakes of Flat Multi-Purpose Wagons, reinforcing its strength in rolling stock solutions.
Earlier in February, Texmaco also took a step towards technological advancement by signing a Memorandum of Understanding (MoU) with Polish rail tech firm Nevomo. The partnership is aimed at exploring next-generation innovations in the rail sector.
In its Q4 FY25 financial results, Texmaco reported a 12% year-on-year decline in net profit, down to ₹40 crore from ₹45 crore. However, the company’s revenue increased by 17.5% to ₹1,346.4 crore, showcasing robust top-line growth.
Read More: Best Railway Stocks for June 2025 Based on 5-Yr CAGR: Rail Vikas, IRCTC, Jupiter Wagons & More.
Texmaco Rail & Engineering Ltd’s recent contract win from MRVC highlights the company’s active involvement in critical infrastructure projects within the railway sector. Alongside its recent manufacturing order and international collaboration, these developments reflect the company’s ongoing engagement in the evolving rail ecosystem. While the market has responded with moderate price movement, investors and industry observers may continue to watch such developments as part of broader infrastructure activity in the country.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Jun 4, 2025, 9:33 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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