Texmaco Rail & Engineering to acquire Indolem Technologies
Texmaco Rail & Engineering (TEXRAIL) said it has agreed a deal to acquire Indolem Technologies. The company is valued at about ₹5,010 crore.
What happened
In a filing with the BSE on 30 September 2026 at 05:15 PM, Texmaco Rail & Engineering (TEXRAIL) said that it has agreed a deal to acquire Indolem Technologies.
Company snapshot
Texmaco Rail & Engineering is a small-cap company in the Capital Goods sector, with a market value of about ₹5,010 crore.
The stock last traded at ₹123.1, against a 52-week range of ₹78.05–₹143.1 (13.9% below the high).
Before this filing the shares had moved +12.5% over the month and +10.0% over three months. Average daily turnover over the last 20 sessions was about ₹40.39 crore.
Promoters held 48.34% at the end of Q1 FY27. Foreign institutions owned 5.01% and domestic institutions 5.13%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 911 | 30 | 0.75 |
| Q2 FY26 | 1,258 | 64.6 | 1.62 |
| Q3 FY26 | 1,042 | 42.8 | 1.07 |
| Q4 FY26 | 1,167 | 57.7 | 1.42 |
| Q1 FY27 | 757 | 50 | 1.23 |
What history shows
BCEIE's records show 2 previous m&a filings from the company since May 2026.
After those filings, the stock gained 0.8% on average the next trading day and was up 4.1% on average after five days (2 filings with price data).
Across 126 similar disclosures by other Capital Goods companies, shares moved +0.1% on average the next day and +0.5% over five days; 49% of them rose the next day.
Market-wide, 1,926 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 50% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 19 Aug 2026 | M&A | +1.9% | +5.6% |
| 24 Jul 2026 | M&A | −0.3% | +2.6% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Number of shareholders of Texmaco Rail & Engineering Ltd Rights 2021-15.11.21 For Shares – BSE:TRAIL_RE
- Technical Stock Calls on Texmaco Rail & Engineering Ltd by Bharat K Gala – Head of Technical - Ventura
- Texmaco Rail Aims To Double Revenue And Reach Mid-Teen EBITDA Margin By 2030
- Golden Cross Confirmed: Do Texmaco Rail & Engineering Ltd's Other Technical Indicators Agree?
- Texmaco Rail & Engineering (NSE:TEXRAIL) Targets Revenue Doubling and Mid-Teen EBITDA Margin by 2030
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.