Bengaluru, June 22 -- With new victories in power transmission infrastructure and freight rolling stock, the rail-focused engineering firm has bolstered its order pipeline. The contracts demonstrate ongoing demand from the utility and industrial sectors, supporting the company's diversified business model and providing greater revenue visibility as it works to increase execution momentum across key operating segments.

With a market capitalization of Rs.4,636 crore, the shares of Texmaco Rail & Engineering Limited were trading at Rs.115. The stock rose 5 percent and is trading at a P/E of approximately 24x.

Order Update

Texmaco Rail & Engineering Limited has received two separate orders within two days, with a combined value of approxim...