Texmaco Rail and Engineering shares zoom on strong September quarter earnings
Texmaco Rail Q2 results: The rail solution provider company reported a 60 per cent year-on-year (YoY) jump in consolidated net profit at Rs 24.64 crore in the July-September quarter of the current financial year against Rs 1,5.43 crore reported in the year-ago period.
Texmaco Rail share price, Texmaco Rail results: Texmaco Rail and Engineering shares on Monday, October 16, skyrocketed as much as 12 per cent to hit the day's high of Rs 150 apiece on the BSE after the rail solution provider company reported a 60 per cent year-on-year (YoY) jump in consolidated net profit at Rs 24.64 crore in the July-September quarter of the current financial year against Rs 1,5.43 crore reported in the year-ago period. In the September quarter, Texmaco Rail’s revenue from operations rose 66 percent YoY to Rs 8,05.04 crore against Rs 4,84.41 logged in a year ago period.
Texmaco Rail and Engineering share closed 3.1 per cent higher at Rs 138 on BSE. As many as 8.58 lakh shares exchanged hands on BSE against 1.37 lakh shares 2-week average quantity on Monday.
Here's how the counter moved on Wednesday:
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