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TEXMACO RAIL Plunges 7%; BSE CAPITAL GOODS Index Down 2.1%
Mon, 7 Oct 12:50

TEXMACO RAIL Plunges 7%; BSE CAPITAL GOODS Index Down 2.1%Image source: phive2015/www.istockphoto.com

TEXMACO RAIL share price has plunged 7% and is presently trading at Rs 190.8.

Meanwhile, the BSE CAPITAL GOODS index is at 68,794.0 (down 2.1%).

Among the top losers in the BSE CAPITAL GOODS index today are Graphite India (down 5.3%) and Finolex Cables (down 4.8%).

Over the last one year, TEXMACO RAIL has moved up from Rs 126.5 to Rs 190.8, registering a gain of Rs 64.3 (up 50.9%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,209.1 to 68,794.0, registering a gain of 42.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 113.6%), Siemens (up 99.6%) and BHEL (up 96.5%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 81,392.5 (down 0.4%).

The top losers among the BSE Sensex today are MUNDRA PORT & SEZ (down 3.8%) and NTPC (down 3.6%). The most traded stocks in the BSE Sensex are Tata Steel and Axis Bank.

In the meantime, NSE Nifty is at 24,822.7 (down 0.8%). NTPC and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 81,392.5, registering a gain of 15,880.4 points (up 24.2%).

TEXMACO RAIL Financial Update...

TEXMACO RAIL net profit grew 242.8% YoY to Rs 293 million for the quarter ended June 2024, compared to a profit of Rs 85 million a year ago. Net sales rose 35.8% to Rs 8,917 million during the period as against Rs 6,568 million in April-June 2023.

For the year ended March 2024, TEXMACO RAIL reported 734.0% increase in net profit to Rs 962 million compared to net profit of Rs 115 million during FY23. Revenue of the company grew 56.1% to Rs 35,029 million during FY24.

The current Price to earnings ratio of TEXMACO RAIL, based on rolling 12 month earnings, stands at 65.2.

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