Small-cap railway stock below ₹200 rises on this order book update. Check details

Stock Market Today: The small-cap railways stock below ₹200 — Texmaco Rail — gained more than 5% during the intraday trade on Wednesday, following an order win.

Texmaco Rail order book update

Texmaco Rail & Engineering on Tuesday, post-market hours, announced receiving a work order from the Mumbai Railway Vikas Corporation Limited. 

Texmaco Rail, in a release on the exchanges, said that Mumbai Railway Vikas Corporation vide its letter dated 9th June, 2025, has awarded an order.

The order received by Texmaco Rail from Mumbai Railway Vikas Corporation Limited is worth ₹44.04 crore. The scope of work of the order includes supply, construction, installation, testing and commissioning of traction transformers, SPs & associated works. 

Texmaco Rail will have to undertake works related to the supply, construction, installation, testing and commissioning of 1X25 kV 110/25 kV TSS with 40/56 MVA AC traction transformers, 2 nos. SPs & associated works for 3rd & 4th lines of Central Railway. The time period by which the order or contract is to be executed stands at 18 months.

Texmaco Rail had earlier also announced receiving another order from Mumbai Railway Vikas Corporation. This announcement came on June 3, 2025, when Texmaco Rail was awarded an order of ₹122.31 crore for design, supply, construction, installation, testing and commissioning of traction transformers & associated work for Western Railway to be executed within 30 months.

Texmaco Rail share price movement

Texmaco Rail share price opened at ₹180.05 on the BSE on Wednesday. At the time of opening, the small-cap railways stock below ₹200 was trading nearly 2% higher than the previous day's closing price of ₹176.70. Texmaco Rail share price thereafter gained to the intraday highs of ₹185, which meant gains of close to 5% for the small-cap stock.

Texmaco Rail stock has risen more than 630% in a year, delivering multibagger returns to the investors.

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