Stock Report

Texmaco Rail & Engineering Limited forms subsidiary Belgharia Engineering Udyog Pvt Ltd



Posted On : 2023-04-14 23:31:19( TIMEZONE : IST )

Texmaco Rail & Engineering Limited forms subsidiary Belgharia Engineering Udyog Pvt Ltd

Texmaco Rail & Engineering Limited has incorporated a wholly-owned subsidiary company namely "Belgharia Engineering Udyog Private Limited" ('Belgharia Udyog').

The company is into manufacturing of Rolling Stock, Hydro Mechanical Equipments, Steel Castings, Rail EPC Works, Construction of Bridges and other steel structures, etc.

The objective of the formation is to explore additional opportunities in sectors to supplement the businesses of Parent Company.

Shares of Texmaco Rail & Engineering Limited was last trading in BSE at Rs. 45.33 as compared to the previous close of Rs. 45.17. The total number of shares traded during the day was 98329 in over 1121 trades.

The stock hit an intraday high of Rs. 45.90 and intraday low of 44.98. The net turnover during the day was Rs. 4467754.00.

Source : Equity Bulls

Keywords

TexmacoRailandEngineering INE621L01012 Subsidiary NewBusiness BelghariaEngineeringUdyog