Texmaco Rail & Engineering Share Price Gains Despite Market Weakness on Fresh Order Win

The Indian stock market may have started Friday on a weak note, but one mid-cap railway stock managed to defy the broader sentiment. Texmaco Rail & Engineering share price jumped nearly 5% in morning trade after the company announced a significant order update, coupled with clarity on its upcoming dividend record date.

Market Performance – Indices in Red, Texmaco in Green

The broader indices were under pressure in the morning session:

• Sensex traded down by over 0.6%
• Nifty 50 too slipped by nearly 0.6%

Amid this weakness, Texmaco Rail & Engineering bucked the trend with a sharp rally, standing out among mid-cap stocks.

Texmaco Rail & Engineering Order Book Update

After market hours on August 21, 2025, Texmaco Rail made a key disclosure that lifted investor sentiment.

• The company received an order worth ₹103.16 crore from Leap Grain Rail Logistics Private Limited.
• The order includes BCBFG wagons along with BVCM brake vans.
• Delivery of the order has been scheduled within a 10-month timeline.

This order inflow highlighted Texmaco’s strong presence in India’s rail freight manufacturing ecosystem, giving a positive boost to its stock price even as the overall market stayed subdued.

Dividend Record Date Announcement

Alongside the order book update, Texmaco Rail & Engineering also shared details on its dividend.

• On May 16, 2025, the company recommended a 75% dividend, translating to ₹0.75 per equity share (face value ₹1).
• The 27th Annual General Meeting (AGM) will be held on September 22, 2025, at 2:30 p.m. (IST) via video conferencing.
• If approved, dividends will be dispatched within 30 days of the AGM date.
• Texmaco Rail has set Monday, September 15, 2025, as the cut-off date for identifying eligible shareholders
• Under the T+1 settlement cycle, investors must buy shares one day before the record date to qualify for the payout.

This clarity on dividend timelines added to investor enthusiasm in the counter.

Texmaco Rail & Engineering Share Price Movement

The twin updates reflected swiftly in Friday’s trading session.

• The stock opened strong and climbed to an intraday high of ₹149, marking a 4.9% jump from the previous close of ₹142.05.
• The move was particularly notable as it came against the backdrop of a weak market where frontline indices were losing ground.

For investors, this was a classic case of stock-specific action, where company updates drove gains despite broader selling pressure.

Summary

To sum up:

• Texmaco Rail & Engineering share price surged nearly 5% in a weak market.
• The rally was driven by a ₹103.16 crore order win and a dividend record date announcement.
• The stock hit ₹149 intraday, outperforming the Sensex and Nifty 50, which were down by 0.6%.

Texmaco’s update reinforced how company-specific triggers can fuel mid-cap momentum, even when the overall market sentiment remains cautious.