Texmaco Rail & Engineering is currently trading at Rs 104.50, up by 1.25 points or 1.21% from its previous closing of Rs 103.25 on the BSE.
The scrip opened at Rs 107.50 and has touched a high and low of Rs 109.00 and Rs 103.80 respectively. So far 124761 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 1 has touched a 52 week high of Rs 154.70 on 12-Jan-2016 and a 52 week low of Rs 89.50 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs 109.00 and Rs 94.65 respectively. The current market cap of the company is Rs 2219.94 crore.
The promoters holding in the company stood at 54.75%, while Institutions and Non-Institutions held 34.17% and 11.08% respectively.
Texmaco Rail & Engineering has signed a Memorandum of Understanding (MoU) with ‘ROSOBORONEXPORT’ Joint Stock Company (ROE), the sole state intermediary agency for Russia’s exports/imports of defense-related and dual use products, technologies and services for Defence production. ROE is ranked amongst the leading operators in the international arms market.
The MoU has been signed for cooperation in carrying out joint projects for modernization of Armoured Vehicles operated by the Indian Army; co-production of BMP-3; research, development and production of futuristic models and spare parts etc. at TEXMACO industrial facilities.
The cooperation will enable the two entities to provide cost effective upgraded solutions for in-service Amoured Vehicles, as well as latest state-of-the art Russian technologies for building futuristic Armoured Vehicles under Make-in-India programme.
| Company Name | CMP |
|---|---|
| Texmaco Rail & Eng. | 106.04 |
| Jupiter Wagons | 286.15 |
| Titagarh Railsystems | 741.05 |
| Jessop & Co | |
| View more.. | |
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