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TEXMACO RAIL Gains 6%; BSE CAPITAL GOODS Index Up 3.3%
Mon, 25 Nov 9:36

TEXMACO RAIL Gains 6%; BSE CAPITAL GOODS Index Up 3.3%Image source: ipopba/www.istockphoto.com

TEXMACO RAIL share price has zoomed 6% and is presently trading at Rs 204.3.

Meanwhile, the BSE CAPITAL GOODS index is at 69,623.7 (up 3.3%).

Among the top gainers in the BSE CAPITAL GOODS index today are Siemens (up 5.0%) and ADANI GREEN ENERGY (up 4.8%).

Thermax (down 1.1%) is among the top losers today.

Over the last one year, TEXMACO RAIL has moved up from Rs 148.9 to Rs 204.3, registering a gain of Rs 55.5 (up 37.3%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,608.7 to 69,623.7, registering a gain of 43.2% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 105.9%), Siemens (up 100.5%) and HINDUSTAN AERO. (up 100.0%).

Don't Miss: Key Information for Long-term Investors

What About the Benchmark Indices?

The BSE Sensex is at 80,415.9 (up 1.6%).

The top gainers among the BSE Sensex today are L&T (up 3.6%) and MUNDRA PORT & SEZ (up 3.1%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..

In the meantime, NSE Nifty is at 24,287.0 (up 1.6%). Bharat Electronics and Shriram Transport are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,930.8 to 80,415.9, registering a gain of 14,485.1 points (up 22.0%).

TEXMACO RAIL Financial Update...

TEXMACO RAIL net profit grew 233.8% YoY to Rs 674 million for the quarter ended September 2024, compared to a profit of Rs 202 million a year ago. Net sales rose 67.2% to Rs 13,459 million during the period as against Rs 8,050 million in July-September 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 49.7.


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