Texmaco Rail & Engineering is currently trading at Rs. 138.80, up by 0.40 points or 0.29% from its previous closing of Rs. 138.40 on the BSE.

The scrip opened at Rs. 138.55 and has touched a high and low of Rs. 140.10 and Rs. 136.10 respectively. So far 87446 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 254.50 on 28-Aug-2024 and a 52 week low of Rs. 115.10 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 149.00 and Rs. 136.10 respectively. The current market cap of the company is Rs. 5512.65 crore.

The promoters holding in the company stood at 48.26%, while Institutions and Non-Institutions held 15.49% and 36.25% respectively.

Texmaco Rail & Engineering has received approval for the execution of a joint venture agreement (JVA) with Rail Vikas Nigam (RVNL), to incorporate and operate a joint venture company (JV Company). The company and RVNL will respectively hold 49% and 51% of the share capital of the JV Company once incorporated.

The JV Company will leverage the expertise and strengths of the Company and RVNL and shall be inter alia engaged in the business of manufacturing and maintenance of freight and passenger rolling stock along with components thereof, locomotives, coaches, wagons, trainsets, metro coaches and specialized equipment, participation in domestic and international tenders and execution of EPC projects in the rail infrastructure sector. Transaction is expected to close by December 31, 2025. The Board of Directors of the company at its Meeting held on August 27, 2025 has inter-alia, approved the same.

Texmaco Rail & Engineering is a private engineering and infrastructure company based in India. It is primarily engaged in the business of manufacturing railway wagons, coaches, and locomotives, as well as providing related services.