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Monday, December 26, 2016

Texmaco Rail Share Price settled in the Red Zone


Texmaco RailTexmaco Rail share pricewas trading at Rs. 104.45, down by 7 points or 6.91 per cent from its previous closing of Rs. 112.20 on the NSE.
The scrip opened at Rs. 111.90 and touched a high and low of Rs. 111.90 and Rs. 103.95 respectively. So far 5,78,069 shares were traded on the counter with a traded value of Rs. 616.05 lacs, as per National Stock Exchange.
The stock of face value Rs. 1 has touched a 52 week high of Rs. 154.85 (12-JAN-16) and a 52 week low of Rs. 84.90 (09-NOV-16). Last one week high and low of the scrip stood at Rs. 117.95 and Rs. 103 respectively. The current market cap of the company is Rs. 2359.95 (Cr). The average daily movement of the stock is 4.20 and the average volume for 20 days is seen at 349714.
Texmaco Rail & Engineering and Kalindee Rail have received Delhi High Court’s approval to merge the latter with former, the companies notified the bourses. The merger plan was approved by the boards of the company in May 2014.
The company and Texmaco will make the scheme effective in lines with its provisions, read with the orders of the High Court of Calcutta and the High Court of Delhi, and applicable regulations, including the SEBI (listing obligations and disclosure requirements) Regulations, 2015 and the SEBI Circular dated November 30, 2015. Texmaco Rail share price settled at Rs. 105.05. Texmaco Rail is analyzed by Dynamic Levels as the top 500 performing stocks for this quarter among the 1700 stocks which are listed on the NSE. 
In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to Texmaco Rail share price history.

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