This Adventz Group stock is in focus as it jumped by 4.69 percent following its announcement of receiving an order worth Rs. 44.04 Crore from Mumbai Railway Vikas Corporation Limited for traction transformers & associated works.
With a market capitalisation of Rs. 7,302 Crore, the stock of Texmaco Rail & Engineering opened at Rs. 180.05, up 1.89 percent from yesterday’s close, and after opening, it made a high of Rs. 185, up 4.69 percent. Additionally, the Yearly return for the stock is -12 percent, and the past 5-year return is an impressive 653 percent.
Order Update
The company has received an order worth Rs. 44.04 crore from Mumbai Railway Vikas Corporation Limited. The order is for the supply, construction, installation, testing, and commissioning of 1X25 kV 110/25 kV traction substation (TSS) with 40/56 MVA AC traction transformers, along with 2 sectioning posts (SPs) and associated works for the 3rd and 4th lines of Central Railway.
This domestic order is to be executed within 18 months. The company further stated that there is no related party involvement, and the promoters of Texmaco have no interest in the awarding entity.
Headquartered in Kolkata and part of the Adventz Group, Texmaco Rail & Engineering Limited is a prominent Indian company engaged in the manufacturing of railway freight cars, engineering equipment, and infrastructure development.
It plays a vital role in supporting Indian Railways and urban metro systems by supplying rolling stock such as wagons, coaches, and EMUs, along with undertaking EPC (Engineering, Procurement, and Construction) contracts for railway infrastructure projects, including electrification, signalling, and bridge construction.
The company reported a 17.55 percent YoY increase in revenue from Rs. 1,145 Crore in Q4FY24 to Rs. 1,346 Crore in Q4FY25. On a QoQ basis, the company reported an increase of 1.50 percent in revenue from Rs. 1,326 Crore in the previous quarter.
Their Net profit saw a decrease of 13.33 percent YoY from Rs. 45 Crore to Rs. 39 Crore for the same period. On a QoQ basis, the company reported a decrease of 48.68 percent in Net profit from Rs. 76 Crore in the previous quarter.
Written By Abhishek Das
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