Texmaco Rail Consolidated September 2023 Net Sales at Rs 805.05 crore, up 66.19% Y-o-Y

The company’s consolidated net profit rose by 69.99% year-on-year to Rs 20.2 crore in the quarter ended September.

Texmaco Rail Shares Surge Over 11% After Q2 Profit Jumps

The companies are identifying land in the Eastern region to set up a manufacturing unit and will invest around Rs 200 crore, Sudipta Mukherjee, the Deputy Managing Director of Texmaco Rail & Engineering Ltd, which is the world’s largest aluminium rolling and recycling company, told PTI.

Hindalco, Texmaco to make aluminium rail wagons, coaches; to invest Rs 200 cr

Hindalco, Texmaco join forces to manufacture aluminium rail wagons, coaches to help Indian Railways achieve emission goals, bolster efficiency. Hindalco to provide profiles, sheets, plates of aluminium alloys; Texmaco to design, set up factory, production line. Partnership to reduce carbon footprint…

Hindalco, Texmaco Rail join hands to make aluminium wagons, coaches

Thangamayil Jewellery was the top gainer in the smallcap pack with over 50% return, followed by MSP Steel and Power (48.95%), Foseco India (29.07%), and Indo Borax (28.8%). About six stocks including Jai Balaji, Mukand, Jagsonpal, Vesuvius India, Gallantt Ispat, Texmaco Rail have offered returns bet…

60 smallcap stocks delivered double-digit returns in volatile market week

The meeting of the board of directors is scheduled to be held on July 17.

Texmaco Rail Shares Hit Record High As Board To Mull Raising Funds

Texmaco Rail & Engineering said that a meeting of the board of directors is scheduled for July 17, 2023, at 4:30 pm to consider proposal for fund raising by way of issue of one or more instruments including equity shares/convertible Securities either by way of preferential issue or rights issue or q…

Texmaco Rail shares up 3%; co looking to raise equity capital

Texmaco Rail & Engineering Ltd, a Adventz group company, is expecting 30-35 per cent growth in overall business in 2023-24 on the back of a strong order book and buoyant demand from the Indian Railways.

Texmaco Rail & Engineering expects 30-35 per cent growth on strong order book, buoyant demand

Expect 25-30% production ramp-up in H1FY24, says Hemant Bhuwania of #TexmacoRail&Engineering. Tells @prashantnair, @_soniashenoy & @Nigel_Dsouza that they will see 30-35% revenue growth in FY24.

#texmacorailandengineering #Q4FY23results #Q4FY23earnings #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday   

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Texmaco Rail & Engineering's Hemant Bhuwania Speaks On Strong Q4 Results & H1FY24 Outlook

City-based Texmaco Rail & Engineering Limited on Friday said it has completed the largest spillway radial gates in the country for the 2000 MW Subansiri Lower Hydroelectric Project. The company won a Rs 350 crore contract for the project, which is located on the Subansiri River serving as the border…

Texmaco builds country’s largest spillway radial gates for Subansiri hydropower project

CLOSING BELL: Among buzzing stocks, shares of RVNL were locked at 20 per cent upper circuit, RITES zoomed 9 per cent, and Texmaco Rail 7 per cent

Sensex ends 75pts up after choppy day, Nifty tops 17,750; ITC extends rally

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

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

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

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