{"id":145476,"date":"2025-02-25T11:21:13","date_gmt":"2025-02-25T05:51:13","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=145476"},"modified":"2025-02-25T11:21:16","modified_gmt":"2025-02-25T05:51:16","slug":"railway-stock-jumps-3-after-signing-mou-with-nevomo-to-revolutionize-rail-infrastructure","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/railway-stock-jumps-3-after-signing-mou-with-nevomo-to-revolutionize-rail-infrastructure\/","title":{"rendered":"Railway stock jumps 3% after signing MoU with Nevomo to revolutionize rail infrastructure"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3573737302\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of one of the leading Railway company, specializing in manufacturing railway freight cars, locomotives, and other related engineering products jumped upto 3 percent upon entering into a strategic MoU with Nevomo,&nbsp; a Polish technology entity to revolutionize rail infrastructure.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2425494872\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price action<\/strong><\/h2><p>With a market capitalization of 5,678.43 Crores on Tuesday, the shares of<strong> <a href=\"https:\/\/portal.tradebrains.in\/stocks\/TEXRAIL\" target=\"_blank\" rel=\"noreferrer noopener\">Texmaco Rail &amp; Engineering Ltd<\/a><\/strong> jumped upto 3.1 percent after making a high of Rs.145.90 compared to its previous closing price of Rs. 141.40.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p><strong>Texmaco Rail &amp; Engineering Ltd<\/strong> engaged in manufacturing railway freight cars, locomotives, and other related engineering products has signed a strategic MoU with Nevomo to revolutionize rail infrastructure.&nbsp;<\/p><p>This collaboration integrates Nevomo&#8217;s Magrail technology and Linear Propulsion Systems for high-speed rail, AI-driven diagnostics &amp; Automation, self-propelled wagons, and driverless freight trains to revolutionize mobility in India and on the global stage.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2794838494\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The partnership aims to enhance rail efficiency, expand capacity, and modernize existing systems. With an R&amp;D hub and a focus on sustainability, the alliance will drive innovation in global transportation, supporting India&#8217;s vision of becoming a leader in next-gen mobility solutions.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Management Commentary<\/strong><\/h2><p><strong>Mr. Sudipta Mukherjee, Managing Director of Texmaco Rail &amp; Engineering Ltd, emphasised: <\/strong>This partnership signifies a new era for the Indian and global rail industry. By integrating Nevomo\u2019s breakthrough Magrail technology with Texmaco\u2019s engineering and manufacturing capabilities, we aim to introduce cutting-edge rail solutions that will revolutionize freight and passenger mobility.&nbsp;<\/p><p>AI-driven diagnostics, autonomous self-propelled systems, and sustainable rail solutions will reshape the industry and set new benchmarks for efficiency and safety. It can work in existing capacity and network to significantly improve efficiency which is green &amp; cost-efficient. We are hopeful that existing port, mines, and rail logistics hubs can be extensively augmented with minimum Capex to boost multiple throughputs.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company<\/strong><\/h2><p>Texmaco Rail &amp; Engineering Ltd is one of the leading railway stocks specializing in manufacturing freight cars, Rail infra, steel foundries, locomotives, and other related engineering products. The company is known for its significant contribution to India&#8217;s railway sector, offering high-quality, reliable products that support the transportation of goods and materials across the country<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Segment\u2019s Revenue&nbsp;<\/strong><\/h2><p>Texmaco Rail &amp; Engineering Ltd segment revenue is distributed across three segments as follows: Freight car division segment revenue grew from Rs. 685.57 to Rs. 1115.02 Crores in FY24-25 and Infra rail &amp; green energy fell from Rs. 142.19 to Rs. 109.63 Crores in FY24-25 and Infra electrical grew from Rs. 68.66 to Rs. 101.47 Crores in FY24-25.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials&nbsp;<\/strong><\/h2><p>The company&#8217;s revenue rose by 47.3 percent from Rs. 905.37 crore to Rs. 1,334.23 crore in Q2FY24-25. Meanwhile, Net profit rose from Rs. 30.49 crore to Rs. 76.72 crore during the same period.<\/p><div class=\"trade-content-10\" id=\"trade-3031504889\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sridhar J<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-3953351130\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of one of the leading Railway company, specializing in manufacturing railway freight cars, locomotives, and other related engineering products jumped upto 3 percent upon entering into a strategic MoU with Nevomo,&nbsp; a Polish technology entity to revolutionize rail infrastructure. Price action With a market capitalization of 5,678.43 Crores on Tuesday, the shares of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":111268,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[27244,7411,948,936,2597,20368,20369,10680],"class_list":["post-145476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-nevomo","tag-railway-stock","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch","tag-texmaco-rail-engineering","tag-texmaco-rail-engineering-news","tag-texmaco-rail-engineering-share-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Railway stock jumps 3% after signing MoU with Nevomo to revolutionize rail infrastructure - 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