Texmaco Rail & Engineering is currently trading at Rs. 92.15, up by 0.30 points or 0.33% from its previous closing of Rs. 91.85 on the BSE.
The scrip opened at Rs. 91.85 and has touched a high and low of Rs. 92.70 and Rs. 91.20 respectively. So far 11,448 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 148.70 on 22-Feb-2016 and a 52 week low of Rs. 88.70 on 16-Feb-2017.
Last one week high and low of the scrip stood at Rs. 94.05 and Rs. 88.70 respectively. The current market cap of the company is Rs. 1,939.00 crore.
The promoters holding in the company stood at 54.74%, while Institutions and Non-Institutions held 30.65% and 14.61% respectively.
Texmaco Rail & Engineering has incorporated a wholly owned subsidiary company ‘Belur Engineering’ (BEPL) on February 20, 2017. This step has been taken to supplement business streams through forward and backward integration.
Earlier, the company had signed a non-binding memorandum on January 21, 2017, with TEB Technology Development Co., China for promotion and development of (Transit Elevated Bus - TEB) BOT Project in the state of West Bengal.
Texmaco Rail & Engineering is one of India’s leading freight car manufacturers and diversified engineering company. The company is the largest supplier of wagons to the Indian Railways in India with strong in-house capabilities for the design and manufacture of special purpose wagons.