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Texmaco Rail is likely to dilute 4.21 percent equity to raise funds at an indicative price of Rs 155 for the QIP, CNBC-TV18 reported.

Texmaco Rail aims to raise Rs 250 crore through QIP

Most of the railway stocks had run up in the last month anticipating continued capital expenditure for railways in the budget

Titagarh, Texmaco, rail stocks down despite budget vowing to upgrade 40,000 coaches to Vande Bharat status

All of the stocks touched a 52-week high.

HFT Scan: Texmaco Rail, MTNL, National Fertilisers see some action

Texmaco Rail & Engineering Ltd. manufactures railways equipment and related products. It operates through the following segments: Heavy Engineering Division, Steel Foundry and Rail EPC. The Heavy Engineering Division segment involves the freight car and components. The Steel Foundry segment includes the development and export of industrial casting. The Rail EPC segment focuses on Kalindee Rail and Bright Power units. The company was founded was founded on June 25, 1998 and is headquartered in Kolkata, India.

Texmaco Rail & Engineering Ltd

52-Wk High	231.80
52-Wk Low	52.65

TEXRAIL.NSE Texmaco Rail & Engineering Ltd

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