Texmaco Rail Partners Skoda Digital for AI Rail Solutions
By ThePip Desk
Texmaco Rail & Engineering shares rise on MoU with Skoda Digital to explore AI-based railway digitalization and advanced digital rail technologies.
Texmaco Rail & Engineering saw its shares climb 0.55% today, trading at Rs. 108.95 on the BSE. This uptick follows the company’s announcement of an executed Memorandum of Understanding with Skoda Digital S.R.O., Czech Republic.
The MoU aims to explore business opportunities within railway digitalization solutions, specifically focusing on AI-based systems and other advanced digital rail technologies. This agreement sets the stage for potential future collaboration between the two entities.
Strategic Alliance for Digital Rail
The definitive agreement for this collaboration remains subject to mutual negotiations and approvals from the respective managements.
Texmaco Rail, a BSE ‘A’ group stock with a face value of Rs. 1, maintains a market capitalization of Rs. 4434.82 crore.
Key Market Metrics
The stock currently trades at Rs. 108.95, up 0.60 points from its previous close of Rs. 108.35.
It opened at Rs. 107.60, touching an intraday high of Rs. 110.25 and a low of Rs. 107.60.
So far, 106187 shares have been traded on the counter.
Share Performance and Ownership
Texmaco Rail recorded a 52-week high of Rs. 152.90 on September 19, 2025, and a 52-week low of Rs. 78.15 on March 30, 2026.
Over the last week, the scrip’s high was Rs. 115.00 and its low was Rs. 106.95.
Promoters hold 48.34% of the company, while Institutions hold 10.12% and Non-Institutions hold 41.54%.
Texmaco Rail & Engineering manufactures a diverse range of products, including Railway Freight Cars, Hydro-mechanical Equipment, Industrial Structurals, Steel Castings, and Pressure Vessels. This strategic move into digital rail solutions could broaden its operational scope and future growth avenues.