Rail stocks under pressure, Titagarh, RailTel, Jupiter Wagons fall up to 8%. Here's why
The correction in railway stocks is expected to last till March-end, says Vinit Bolinjkar. From April, the rally is likely to resume
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The correction in railway stocks is expected to last till March-end, says Vinit Bolinjkar. From April, the rally is likely to resume
Texmaco Rail & Engineering Q3 FY24 Results Live: Revenue increased by 43.46% YoY & profit increased by 138.05% YoY
The first tranche of 1,133 wagons is to be delivered by December 31, 2024 while the second tranche of 1,133 wagons is to be delivered by June 30, 2025.
Texmaco Rail & Engineering stock reaches an all-time high of ₹188.80 apiece following a new order win. The company's shares have surged by 217.5% in the current year, escalating from ₹56.50 per share to the current value of ₹179.40 per share.
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