Texmaco Rail Shares Up 2% After Securing Order from South West Railway Worth ₹7.67 Cr

Synopsis: Texmaco Rail & Engineering Limited bucked the broader market’s downward trend on Wednesday after announcing a new maintenance contract from South Western Railway. While the Nifty 50 slipped nearly 0.81%, Texmaco shares climbed as investors reacted positively to the company’s expanding service portfolio.

In a regulatory filing on April 22, 2026, Texmaco Rail & Engineering confirmed that it has been awarded a domestic contract by South Western Railway valued at Rs. 7.67 crore. The project involves outsourcing maintenance activities for Overhead Equipment (OHE) and Power Supply Installation (PSI) for two years. 

This move shows the company’s strategic shift into the high-margin Operations and Maintenance (O&M) segment, expanding beyond its traditional base in wagon manufacturing. The contract is set to be executed within 24 months, providing steady revenue visibility for the company’s rail engineering division. 

During today’s volatile trading session, TEXRAIL showed significant strength. The stock opened at Rs. 103.76, reached an intraday high of Rs. 106.69, and settled at a closing price of Rs. 106.33, marking a solid gain of 2.48% from the previous close. The session saw healthy interest with over 16.51 lakh shares traded. This recovery is particularly notable as the stock had touched a 52-week low of Rs. 78.05 just last month, indicating a strong trend reversal.

With a market cap of Rs. 4,320.90 crore and a P/E ratio of 27.65, Texmaco Rail has delivered a remarkable 370% return over the last five years. Backed by a strong cash position and consistent project wins, the company remains a fierce competitor against peers like Jupiter Wagons and Titagarh Rail Systems.

Company Overview

Part of the Adventz Group, Texmaco Rail & Engineering Limited is a leading Indian infrastructure company focusing on freight wagons, bogies, and specialized containers. In addition to manufacturing, it excels in Rail EPC, carrying out large-scale track laying, signaling, and electrification projects. Today, the company is using its global presence to shift into high-margin maintenance services and advanced rolling stock to lead the next phase of Indian Railways’ modernization.

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