India's Texmaco Rail gains on approval to open QIP

Texmaco Rail & Engineering

22/11/2023 04:25

** Shares of India's Texmaco Rail & Engineering  TEXA.NS  up
1.5% at 151.30 rupees
    ** Railway equipment maker approved opening a qualified
institutional placement (QIP) of shares on Tuesday, sets floor
price for issue at 135.90 rupees
    ** Stock up 167% YTD

 (Reporting by Sethuraman NR)
 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))