Equity / Stocks - Texmaco Rail & Engineering Ltd in MARKETS - CMP: 72
Texmaco Rail & Engineering Ltd. operates in the transportation industry. The Company manufactures and produces railway coaches and ...
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02-18-2012 08:46 PM
Texmaco Rail & Engineering Ltd
CMP: 72
Texmaco Rail & Engineering Ltd. operates in the transportation industry. The Company manufactures and produces railway coaches and components for customers throughout India.
Texmaco is a decent mid-cap bet currently trading at a P/E of 12 with dividend yields of well over 1% in the last 12 months. It runs at a debt of 97 Crores with 3 Crores cash in hand. It made revenues of 941 Crores in FY 2011 and profits of 121 Crores. NPM is pretty decent at 13%. Since its a new listing, historical financial information is not available.Buy and book profits when Nifty peaks.
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