TEXMACO RAIL share price has plunged 7% and is presently trading at Rs 242.5.
Meanwhile, the BSE CAPITAL GOODS index is at 70,097.3 (down 4.6%).
Among the top losers in the BSE CAPITAL GOODS index today are GMR Infra (down 7.6%) and Thermax (down 6.2%).
Over the last one year, TEXMACO RAIL has moved up from Rs 105.5 to Rs 242.5, registering a gain of Rs 137.0 (up 129.9%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 43,869.5 to 70,097.3, registering a gain of 59.8% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 173.1%), HINDUSTAN AERO. (up 133.4%) and Bharat Electronics (up 120.2%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 78,390.2 (down 3.2%).
The top losers among the BSE Sensex today are Tata Motors (down 6.8%) and Tata Steel (down 5.6%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,006.5 (down 2.9%). Tata Motors and ONGC are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,459.3 to 78,390.2, registering a gain of 11,930.9 points (up 18.0%).
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 100.7.
Equitymaster requests your view! Post a comment on "TEXMACO RAIL Plunges 7%; BSE CAPITAL GOODS Index Down 4.6%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!