SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Texmaco Rail surges on bagging contract worth $67.7 million

01 Nov 2017 Evaluate

Texmaco Rail & Engineering is currently trading at Rs. 117.00, up by 1.30 points or 1.12% from its previous closing of Rs. 115.70 on the BSE.

The scrip opened at Rs. 116.95 and has touched a high and low of Rs. 119.20 and Rs. 114.35 respectively. So far 94433 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 119.20 on 01-Nov-2017 and a 52 week low of Rs. 84.00 on 11-Aug-2017.

Last one week high and low of the scrip stood at Rs. 119.20 and Rs. 100.00 respectively. The current market cap of the company is Rs. 2570.45 crore.

The promoters holding in the company stood at 52.43%, while Institutions and Non-Institutions held 25.08% and 22.49% respectively.

Texmaco Rail & Engineering has been awarded a contract, valuing $67.7 million, by the Ministry of Railway, Bangladesh Government, for construction of 45 Kilometer Dual Gauge Railway Line, including Railway stations buildings, Level Crossing gates and a Custom House Building through North Eastern Border area in Maulavibazar District of Bangladesh adjoining Karimganj District of Assam state of India.

The Rail route is expected to enhance trade and passenger transportation between the two countries by opening a new custom check post. The line segment is planned to be constructed within a period of 18 months by the EPC Division - Kalindee Rail Nirman of the company. Track would be made with high standards of Railway construction specifications to carry 25 Ton axle load to ease transportation of heavy goods and commodities between the two countries.

Texmaco Rail & Engineering is one of India’s leading freight car manufacturers and diversified engineering company. The company is the largest supplier of wagons to the Indian Railways in India with strong in-house capabilities for the design and manufacture of special purpose wagons.

Texmaco Rail & Eng. Share Price

106.04 2.44 (2.36%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×