Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

TEXMACO RAIL Plunges 5%; BSE CAPITAL GOODS Index Down 2.0%
Thu, 18 Jul 9:48

TEXMACO RAIL Plunges 5%; BSE CAPITAL GOODS Index Down 2.0%Image source: Chunumunu/www.istockphoto.com

TEXMACO RAIL share price has plunged 5% and is presently trading at Rs 265.1.

Meanwhile, the BSE CAPITAL GOODS index is at 72,987.6 (down 2.0%).

Among the top losers in the BSE CAPITAL GOODS index today are HINDUSTAN AERO. (down 5.6%) and Siemens (down 3.4%).

SCHAEFFLER INDIA (up 2.4%) and TIMKEN INDIA (up 0.6%) are among the top gainers today.

Over the last one year, TEXMACO RAIL has moved up from Rs 83.3 to Rs 265.1, registering a gain of Rs 181.8 (up 218.1%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 41,426.7 to 72,987.6, registering a gain of 76.2% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 233.6%), HINDUSTAN AERO. (up 163.6%) and Bharat Electronics (up 148.1%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 80,504.0 (down 0.3%).

The top losers among the BSE Sensex today are Asian Paints (down 1.7%) and MUNDRA PORT & SEZ (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,580.9 (down 0.1%). Bajaj Auto and Asian Paints are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,589.9 to 80,504.0, registering a gain of 13,914.1 points (up 20.9%).

TEXMACO RAIL Financial Update...

TEXMACO RAIL net profit grew 178.6% YoY to Rs 417 million for the quarter ended March 2024, compared to a profit of Rs 150 million a year ago. Net sales rose 37.0% to Rs 11,446 million during the period as against Rs 8,353 million in January-March 2023.

For the year ended March 2023, TEXMACO RAIL reported 5.6% decrease in net profit to Rs 115 million compared to net profit of Rs 122 million during FY22. Revenue of the company grew 38.3% to Rs 22,433 million during FY23.

The current Price to earnings ratio of TEXMACO RAIL, based on rolling 12 month earnings, stands at 110.1.


Equitymaster requests your view! Post a comment on "TEXMACO RAIL Plunges 5%; BSE CAPITAL GOODS Index Down 2.0%". Click here!