Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The Kolkata-headquartered company, in an exchange filing, said the rights issue closed for subscription at 5 pm on Thursday

Texmaco Rail & Engineering rights issue oversubscribed 1.35 times

Texmaco Rail & Engineering consolidated net profit rises 470.27% in the September 2021 quarter

Texmaco Rail & Engineering update on proposed rights issue

Buzzing stocks: Reliance, SW Solar, Texmaco Rail, GOCL Corp, Vakrangee, Yasho Ind, Route Mobile, Solar, Jubilant Ingrevia, Adani Total, Gland Pharma, HFCL, Tata Metaliks

Stocks that will see action today (Oct 11)

Under the company’s rights issue, about 7,15,26,643 equity shares will be offered to have a face value of Re 1 each.

Texmaco Rail & Engineering to open Rs164.51cr rights issue on Nov 01

Ashish Kumar Gupta, deputy managing director, TexRail, said the company is going to finalise the size and pricing of the rights issue before September-end

Texmaco Rail looks to pare short-term debt to enhance profitability

Ashish Gupta, Deputy MD of Texmaco Rail & Engineering Ltd speaks on the company's strong Q1 numbers. 

#CNBCTV18 #HalftimeReport #TexmacoRail #Q1Earnings

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Ashish Gupta Of Texmaco Rail & Engineering Ltd Speaks On The Firm's Q1 Performance | Halftime Report

Texmaco Rail Standalone June 2021 Net Sales At Rs 330.84 Crore, Up 51.47% Y-o-Y

Texmaco Rail & Engineering reports consolidated net profit of Rs 7.09 crore in the June 2021 quarter

Texmaco Rail & Engineering receives revision in credit ratings

The credit rating agency has assigned Long-term / Short-term bank facilities from CARE A-; Stable / CARE A2 to CARE A-; Negative / CARE A2.

CARE reaffirms Texmaco Rail & Engineering credit rating, downgrades outlook to Negative

Texmaco Rail & Engineering Limited is engaged in the business of manufacturing of rolling stock, hydro mechanical equipment, steel castings, agricultural and other equipment.

Texmaco Rail & Engineering Ltd

Texmaco Rail & Engineering Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Texmaco Rail & Engineering rights issue oversubscribed 1.35 times

Texmaco Rail & Engineering consolidated net profit rises 470.27% in the September 2021 quarter

Texmaco Rail & Engineering update on proposed rights issue

Stocks that will see action today (Oct 11)

Texmaco Rail & Engineering to open Rs164.51cr rights issue on Nov 01

Texmaco Rail looks to pare short-term debt to enhance profitability

News Video

Ashish Gupta Of Texmaco Rail & Engineering Ltd Speaks On The Firm's Q1 Performance | Halftime Report

Texmaco Rail Standalone June 2021 Net Sales At Rs 330.84 Crore, Up 51.47% Y-o-Y

Texmaco Rail & Engineering Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Texmaco Rail & Engineering rights issue oversubscribed 1.35 times

Texmaco Rail & Engineering consolidated net profit rises 470.27% in the September 2021 quarter

Texmaco Rail & Engineering update on proposed rights issue

Stocks that will see action today (Oct 11)

Texmaco Rail & Engineering to open Rs164.51cr rights issue on Nov 01

Texmaco Rail looks to pare short-term debt to enhance profitability

News Video

Ashish Gupta Of Texmaco Rail & Engineering Ltd Speaks On The Firm's Q1 Performance | Halftime Report

Texmaco Rail Standalone June 2021 Net Sales At Rs 330.84 Crore, Up 51.47% Y-o-Y

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock