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Texmaco Rail shares slip 14% from one-year high level; analysts suggest 'bearish' trend

Texmaco Rail share price: The stock plunged 6.45 per cent to close at Rs 141.30. At this price, the scrip has declined 13.76 per cent from its one-year high of Rs 163.85, a level seen on September 11, 2023. Although, the multibagger counter has gained 248.98 per cent from its 52-week low price of Rs 40.49, hit on March 29 this year.
Ravi Singh Jigars Patel Technical Research Analyst At Anand Rathi Texmaco Rail Engineering Ltd On Texmaco Rail Engineering Ltd

Texmaco Rail & Engineering raises Rs 750 crore via QIP

The Qualified Institutional Placement (QIP) transaction of the company was oversubscribed by more than two times and has witnessed a very strong response from established high-profile foreign investors and top domestic institutional investors & funds, a company statement said
Satluj Jal Vidyut Nigam Indrajit Mookerjee Power Development Company Limited Texmaco Rail Engineering Limited Motilal Oswal Investment Advisors Nuvama Wealth Management

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Raymond: Separation settlement: Raymond's Gautam Singhania and wife Nawaz Modi seek legal advice on alimony rights

While Singhania is a Hindu, Nawaz is a Parsi. Thus, their marriage was solemnised under provisions of the Special Marriage Act, 1954. Vijaypat Singhania, Gautams estranged father, has supported Nawaz and reportedly said she is entitled to half her husbands wealth under the Hindu Marriage Act, 1955.
Anand Desai Ishika Tolani Gautam Singhania Vijaypat Singhania Jk Investors Bombay Ltd Engineering Ltd

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