Texmaco Rail & Engineering zooms on bagging order worth Rs 6,450 crore
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Texmaco Rail & Engineering is currently trading at Rs. 47.10, up by 1.25 points or 2.73% from its previous closing of Rs. 45.85 on the BSE.
The scrip opened at Rs. 45.40 and has touched a high and low of Rs. 49.75 and Rs. 44.80 respectively. So far 1030710 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 58.90 on 22-Apr-2022 and a 52 week low of Rs. 24.19 on 11-May-2021.
Last one week high and low of the scrip stood at Rs. 49.75 and Rs. 41.55 respectively. The current market cap of the company is Rs. 1553.02 crore.
The promoters holding in the company stood at 58.35%, while Institutions and Non-Institutions held 10.00% and 31.65% respectively.
Texmaco Rail & Engineering has received an order for 20,067 wagons valuing around Rs 6,450 crore (to be executed over a period of thirty-nine months) against the recent Railway tender for wagons issued by the Indian Railways.
The company operates in two business segments: heavy engineering division and steel foundry division.
