Texmaco Wins Rs 100 Crore Wagon Order; Shares Up 3%

Shares of Texmaco Rail & Engineering Ltd rose 3% to hit a day’s high of Rs 149 on 22nd August after the company announced that it had secured an order worth Rs 103.16 crore from Leap Grain Rail Logistics to supply BCBFG wagons and BVCM brake vans. The domestic order is to be executed within 10 months.

In June, Texmaco secured a $62.24 million (approximately Rs 535 crore) order from CAMALCO SA in Cameroon. This includes the manufacture and supply of 560 open-top wagons, valued at $32.76 million (approximately Rs 282 crore), as well as a 20-year maintenance contract worth $29.48 million (approximately Rs 253 crore).

Earlier this month, the company reported weak Q1 FY26 results. Net profit fell 49.8% to Rs 30 crore from Rs 59.8 crore a year earlier. Revenue dropped 16.3% to Rs 910.6 crore, while EBITDA slipped 33.5% to Rs 71.2 crore. Operating margins also narrowed to 7.8% from 9.8% in the previous year.

At 1:58 PM, the shares of Texmaco were trading 2% higher at Rs 144.92 on NSE.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!