Texmaco Rail & Engineering Ltd Share Price Analysis – Updated Targets, Supports, Breakouts & Budget 2026 Impact
Updated using the latest market data: CMP ₹129.00, 52-Week High ₹239.74, 52-Week Low ₹116.00.
Introduction
Texmaco Rail & Engineering Ltd has once again attracted the attention of traders and long-term investors. With the railways sector staying in focus due to upcoming Budget 2026, this stock has become an interesting case for short-term trading as well as long-term wealth building. The company plays a key role in India’s railway expansion through wagons, rail engines, bridges, steel castings, and engineering services.
As of the latest update, the stock trades at a **Current Market Price (CMP) of ₹129.00**. Traders are closely watching whether it will bounce back toward its previous highs or slip further after testing its strong support zone around its 52-week low.
Latest Market Snapshot
| Current Price (CMP) | ₹129.00 |
| Open | ₹117.78 |
| Day High | ₹129.75 |
| Day Low | ₹116.00 |
| 52-Week High | ₹239.74 |
| 52-Week Low | ₹116.00 |
| Market Cap | ₹5,250 Crore |
| Dividend Yield | 0.58% |
| Quarterly Dividend | ₹0.19 |
| P/E Ratio | 24.62 |
Short-Term Targets (Recalculated)
Based on the updated CMP of ₹129.00, here are the fresh short-term price targets commonly tracked by traders in the upcoming days to weeks.
| Short-Term Targets | Calculation | Target Price (₹) |
|---|---|---|
| Target 1 | +3% | ₹132.87 |
| Target 2 | +6% | ₹136.74 |
| Target 3 | +10% | ₹141.90 |
| Target 4 | +15% | ₹148.35 |
Medium-Term Targets (3 to 6 Months)
Texmaco Rail has historically shown strong movement when trend reversals occur after consolidations. These medium-term targets are calculated based on realistic percentage extensions from CMP.
| Medium-Term Targets | Calculation | Target Price (₹) |
|---|---|---|
| Target 1 | +25% | ₹161.25 |
| Target 2 | +40% | ₹180.60 |
| Target 3 | +60% | ₹206.40 |
| Target 4 | Approaching resistance / +85% | ₹238.65 |
Long-Term Targets (1 to 3 Years)
With consistent railway expansion plans and export wagon demand, Texmaco Rail may offer multi-year opportunities. These long-term targets assume healthy capex cycles and earnings growth.
| Long-Term Targets | Calculation | Target Price (₹) |
|---|---|---|
| Target 1 | +100% | ₹258.00 |
| Target 2 | +150% | ₹322.50 |
| Target 3 | +200% | ₹387.00 |
| Target 4 | +300% | ₹516.00 |
Strong Support & Resistance Levels
These levels are essential markers for traders to plan entries, exits, and stop-loss placement.
| Type | Price Level (₹) | Explanation |
|---|---|---|
| Resistance 1 | ₹132.87 | Immediate selling pressure zone |
| Resistance 2 | ₹141.90 | Critical supply zone |
| Resistance 3 | ₹161.25 | Major breakout level |
| Resistance 4 | ₹238.65 | Near the 52-week high |
| Support 1 | ₹122.55 | Minor support |
| Support 2 | ₹116.00 | Near 52-week low — crucial |
| Support 3 | ₹103.20 | Major correction zone |
| Support 4 | ₹90.30 | Deep value support |
Crucial Breakdown and Upside Levels (With Updated Targets)
Breakouts and breakdowns decide the next strong move in Texmaco Rail. Below levels are extremely important for both traders and positional investors.
| Scenario | Trigger Level (₹) | Next Targets |
|---|---|---|
| Upside Breakout 1 | Above ₹141.90 | ₹161.25 → ₹180.60 |
| Upside Breakout 2 (Major) | Above ₹161.25 | ₹206.40 → ₹238.65 |
| Breakdown 1 | Below ₹122.55 | ₹116.00 → ₹103.20 |
| Breakdown 2 (Major) | Below ₹116.00 | ₹103.20 → ₹90.30 |
How Budget 2026 May Impact Texmaco Rail
The railway sector is directly influenced by government spending. If Budget 2026 increases capital expenditure on railways, rolling stocks, freight corridors and wagon procurement, Texmaco Rail may benefit substantially. Higher allocations create more tenders, better order inflow, and improved future earnings.
If the budget surprises with stronger-than-expected focus on rail modernization, Texmaco Rail can quickly move toward **₹161 – ₹206** levels. But if spending reduces or shifts to other sectors, the stock may struggle to cross ₹141.90 and could revisit lower support zones.
Overall Outlook Till Budget 2026
For traders, the key levels to track are **₹141.90 for upside** and **₹122.55 for downside**. For investors, the long-term targets offer good potential if the railway capex cycle remains strong.
Frequently Asked Questions (FAQ)
1. Is Texmaco Rail a good stock for long-term investment?
Texmaco Rail has a strong position in the wagon manufacturing and railway engineering sector. Long-term investors may consider it for gradual growth, but market volatility and government order flows should be monitored.
2. What is the current share price of Texmaco Rail?
The current market price (CMP) is ₹129.00 based on the latest available data.
3. What are the major risks in Texmaco Rail?
The biggest risks include order delays, rising material costs, dependence on government railway spending, and potential slowdowns in the capex cycle.
4. Can Texmaco Rail reach new highs before Budget 2026?
Yes, if railway infrastructure spending increases in Budget 2026, the stock may witness strong upward momentum and test higher resistance levels as mentioned in the article.
5. Should short-term traders consider Texmaco Rail?
Short-term traders can look for opportunities above breakout levels, but strict stop-loss is recommended due to the stock's high volatility.
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