Texmaco Rail & Engineering Ltd Surges 11% Intraday on Order Win; Slips 1.6% Next Day

Shares of

rallied sharply on 17 February 2026, surging over 11% intraday after announcing a ₹219.18 crore order win from Mumbai Railway Vikas Corporation for signalling works under Mumbai’s MUTP-IIIA railway expansion project. The strong move helped the stock break its losing streak of four consecutive sessions and significantly improved investor sentiment. The stock had earlier touched its 52-week low of ₹111, reflecting sustained pressure. Despite closing 4.39% higher on 17 February after some profit booking, the momentum did not sustain. On 18 February 2026, the stock declined 1.6%, resuming its short-term downtrend as traders turned cautious following the sharp rally. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.