India's Texmaco Rail jumps on Q2 profit climb

Texmaco Rail & Engineering

16/10/2023 06:41

** Shares of Texmaco Rail & Engineering  TEXA.NS  up 6.7% at
142.25 rupees 
    ** Railway equipment maker reports ~70% YoY rise in its
Sept-qtr consol net profit; rev from ops up ~66% YoY
    ** TEXA on track to rise for second straight session, if
gains hold
    ** About 4.6 mln shares change hands as of 11:04 a.m. IST,
1.4x the 30-day moving average
    ** Including day's move, stock has more than doubled so far
this year 
    

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))