India's Texmaco Rail and Engineering up 14% after qtrly profit rise

Texmaco Rail & Engineering

13/05/2026 05:45

** Shares of Indian railway infra manufacturer Texmaco Rail and Engineering TEXA.NS rise as much as 14.2% to 120.7 rupees, highest since March 2024

** Stock last up 11.63%

** Co reported fourth-quarter profit up 45.1% y/y; rev down 13.3% y/y

** More than 16.6 mln shares traded by 10:10 am, nearly 6x the 30-day avg

** TEXA down 14.1% YTD

 (Reporting by Abhirami G in Bengaluru)

 ((abhirami.g@thomsonreuters.com))