Big bounce for railway stock fans! The Texmaco Rail & Engineering share price jumped nearly 10% in morning trade on February 17, 2026. After touching a fresh 52-week low just yesterday, this rally feels like a much-needed sigh of relief for investors.
Shares climbed to around ₹121.60 today – up +9.6% from the previous close. The stock had dipped as low as ₹111.42 recently, so today’s move looks like buyers rushing back in fast.
Texmaco Rail & Engineering Share Price
- Current Price (morning): ~₹121.60
- Change Today: +9.6%
- 52-Week Range: ₹111.42 – ₹189.00
- Trend: Strong recovery from yesterday’s new low
What Triggered the Jump?
Texmaco announced two solid domestic orders late Monday, February 16, 2026. Together they add over ₹247 crore to the books.
- Mumbai Railway Vikas Corporation (MRVC) Order Value: ₹219.18 crore Work: Design, supply, install, test and commission signaling systems for Mumbai Urban Transport Project (MUTP-IIIA) Timeline: 36 months
- South Western Railway Order Value: ₹27.67 crore (with GST) Work: Full annual maintenance and breakdown repairs of overhead equipment (OHE) and power supply in Mysore Division (1,046 track km) Timeline: 24 months
Why Markets Love These Wins
These orders push Texmaco’s total order book close to ₹5,700 crore. That gives clear revenue sight for the next 2–3 years – something investors really want right now.
The big MRVC signaling contract shows the company’s push into high-tech areas like railway electronics and metro systems. It fits perfectly with their “Texmaco 2.0” plan to move beyond just making wagons.
After a tough Q3 FY26 – where net profit fell ~44% year-on-year to ₹42.8 crore due to supply issues – these fresh wins act as a strong turnaround signal. The stock looked oversold at the low, and new orders gave the perfect reason for this relief rally.
What’s Next for Texmaco Rail & Engineering Share Price?
With a fatter order book and diversification steps, today’s surge could mark the start of better momentum. Keep watching volumes and any more order news – railway spending stays strong in India.
For anyone tracking rail stocks, the Texmaco Rail & Engineering share price just delivered a loud wake-up call.
Disclaimer: This content is for informational purposes only and should not be considered professional [financial/legal/medical] advice. Always seek the advice of a qualified professional before making any decisions based on this information.
Sources & References
- https://www.businesstoday.in/markets/stocks/story/texmaco-rail-shares-two-order-wins-for-the-railway-ancillary-major-more-details-516383-2026-02-17
- https://m.economictimes.com/markets/stocks/news/union-budget-2026-14-midcap-stocks-that-jumped-up-to-95-since-last-budget/muthoot-finance/slideshow/127817308.cms
Yogesh Kolhe is a business and market news writer covering the share market, company earnings, and gold and silver price movements, with a strong focus on the automobile sector. A Mechanical Engineering graduate with 5 years of share market experience, he provides data-driven, reliable insights into market and industry trends.
