Texmaco Rail & Engineering shares jump 10% on securing ₹219 crore orders

Shares of Texmaco Rail & Engineering jumped nearly 10% on Tuesday morning after the company announced securing new orders from Mumbai Rail Vikas Corporation. The shares hit an intraday high of ₹123.4 apiece, up 10% on the NSE against the previous close of ₹111.2 apiece on the NSE.

The exchange filing read, “M/s. Mumbai Railway Vikas Corporation Ltd. has awarded an order of ₹219.18 crores for Design, Supply, Installation, Testing, and Commissioning of Signalling equipment/gears in connection with the construction of the Proposed line in Mumbai Suburban under (MUTP-IIIA)”

In the Q3FY26, the company’s revenue declined to ₹1040 crore for the quarter ended December 2025 as compared to ₹1085 crore during the corresponding quarter last year. During the quarter the company sold 2072 wagon sales, foundry sales of 7647 MT and freight division sales of ₹842 crore.

The Company's Net profit for the December 2025 quarter has declined marginally to ₹38 crore as against ₹47 crore reported during the corresponding quarter ended. Operating Profit saw a handsome growth to ₹105.2 crore from ₹102.8 crore in the quarter ended December 2025.As of Q3FY36, the company’s orderbook stood at ₹5,661 crore with strong demand from the Indian market and growing export opportunities.

Earlier in January, the company secured an order worth ₹62.21 crore (excluding taxes) from IVC Logistics for the supply of rakes of ACT1 Wagons along with BVCM Design-C Wagon. The order is to be completed by August, 2026.

Texmaco Rail & Engineering share price

Shares of Texmaco Rail & Engineering have declined 11% on a YTD basis in 2026 and 14% in one year period.