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Texmaco Rail shares jump 13% after 45% Q4 profit surge and Rs 4045 crore South Africa order win
Business
Published on 13 May 2026
A big order in South Africa sparks a profit comeback
Texmaco Rail & Engineering shares surged 13% after the company posted a 45% jump in Q4 net profit. Even with revenue softening, margins improved, lifting investor sentiment. The rally also drew fuel from a Rs 4,045 crore order win in South Africa and plans to expand into defence, sending the stock to an intraday high with a global growth outlook.
- Shares rose 13% following a 45% Q4 net profit increase
- Revenue dipped but margins improved sharply
- Rs 4,045 crore South Africa order win boosted sentiment
- Defence expansion plans and global growth outlook supported the surge
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times