Stocks to Watch, 19 September: Stocks like Unichem Laboratories, LT Elevator, One Mobikwik Systems, Vedanta, John Cockerill India, Texmaco Rail and Engineering, JSW Energy, Sasken Technologies, and Waaree Energies will be in focus on September 19.
Stocks to Watch, 22 August: Stocks like Hindustan Unilever, Wipro, Apollo Hospitals Enterprise, Hikal, GHV Infra Projects, Texmaco Rail and Engineering, Vedanta, Titagarh Rail Systems, and R Systems International will be in focus on August 22.
Stocks to Watch, 14 August: Stocks like JSW Cement, All Time Plastics, IRCTC, Pfizer, Vishal Mega Mart, Muthoot Finance, Jain Irrigation Systems, Zydus Lifesciences, Jubilant Foodworks, United Spirits, and Man Infraconstruction will be in focus on August 14.
Texmaco Rail and Engineering Share Price | This order includes provision for additional order relating to supply of 1040 Wagons in next 5 years and long term maintenance thereof.
Stocks to Watch, 26 June: Stocks like One Mobikwik Systems, Western Carriers India, PB Fintech, Texmaco Rail and Engineering, Om Infra, JSW Energy, and SMS Pharmaceuticals will be in focus on June 26.
Texmaco Rail and Engineering Share Price | The share touched a 52-week high of Rs 296.60 and a 52-week low of Rs 141.85 on 12 July, 2024 and 13 March, 2024, respectively. Currently, the stock is trading 19.82 percent below its 52-week high and 67.64 percent above its 52-week low.
Reliance Industries, Yes Bank, Bank of Baroda, Macrotech Developers, Intellect Design Arena, Praj Industries, Texmaco Rail, Balkrishna Industries, Torrent Pharma, CreditAccess Grameen, and Aegis Logistics will also be in focus on October 28.
On the downside, if the Nifty 50 slips below the level of 24,000, then the next support is placed in the zone of 23,800-23,750 levels.
The Ministry of Railways (Railway Board) has awarded an order to the company for manufacture and supply of 3,400 BOXNS wagons.
The order win comes days after the the company raised Rs 744 crore via Qualified Institutional Placement in November
The company had posted net profit of Rs 12.75 crore in June 2023 against loss of Rs 20.54 crore in June 2022.