TEXRAIL : What is after Sharp Decline?
TEXRAIL: Elliott Wave Analysis - Weekly Chart
Source: LiveTradingBox | Chart Date: March 18, 2023
Overview
Texmaco Rail & Engineering Ltd. (TEXRAIL) rallied from 60 INR (early 2023) to 280 INR (mid-2024), a 366% gain , but has corrected to 124.27 INR. Using Elliott Wave and Fibonacci, this
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5.97 INR
1.13 B INR
35.03 B INR
206.19 M
About TEXMACO RAIL & ENG. LTD.
Sector
CEO
Sudipta Mukherjee
Website
Headquarters
Kolkata
Founded
1998
ISIN
INE621L01012
FIGI
BBG001K7C087
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.
TEXRAIL Chart Insights by @Investofino 🚨 TEXRAIL Chart Insights by @Investofino 🚨
🔍 Key Levels to Watch:
✅ Buy Above: ₹229 (Breakout Confirmation 🚀)
✅ Target: ₹365 (+58.73%)
✅ Stop-Loss: Plan below trendline support for risk management.
📊 Sector: Producer Manufacturing
Mcap: ₹9109 Cr
RVol: 172% (High Interest!)
EPS YoY Growth: +138%
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TEXRAIL S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (re
Technical Analysis of Texmaco Rail & Eng Ltd (Taxrail)Technical Analysis of Texmaco Rail & Eng Ltd (Taxrail)
Comparing TEXMACO RAIL & ENG. LTD. (TEXRA) Across Timeframes
Understanding the Chart: - The provided chart is a technical analysis chart for TEXMACO RAIL & ENG. LTD. (TEXRA) on the National Stock Exchange (NSE) of India. It displays the st
Long oppertunity on TEXRAILTEXRAIL is currently near support level on daily chart. Given that the price broke out at this level with huge volume and appears there is a retest of the support level happening. Its a good time to enter long with stop loss just below breakout candle low. This trade provides ideal risk reward of 1:
Texmaco Rail & Engineering Ltd, target of 430+Texmaco Rail & Engineering Ltd, a part of the Adventz Group, specializes in manufacturing rolling stock, hydro-mechanical equipment, and steel structures, including rail EPC and bridges. Originally part of Texmaco Limited, founded in 1939, the company was established in its current form in 1998 foll
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Summarizing what the indicators are suggesting.
Neutral
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Neutral
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Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of TEXRAIL is 138.26 INR — it has increased by 2.95% in the past 24 hours. Watch TEXMACO RAIL & ENG. LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange TEXMACO RAIL & ENG. LTD. stocks are traded under the ticker TEXRAIL.
TEXRAIL stock has risen by 3.57% compared to the previous week, the month change is a 6.35% rise, over the last year TEXMACO RAIL & ENG. LTD. has showed a −14.18% decrease.
We've gathered analysts' opinions on TEXMACO RAIL & ENG. LTD. future price: according to them, TEXRAIL price has a max estimate of 214.00 INR and a min estimate of 214.00 INR. Watch TEXRAIL chart and read a more detailed TEXMACO RAIL & ENG. LTD. stock forecast: see what analysts think of TEXMACO RAIL & ENG. LTD. and suggest that you do with its stocks.
TEXRAIL reached its all-time high on Jul 12, 2024 with the price of 296.49 INR, and its all-time low was 12.26 INR and was reached on Mar 23, 2020. View more price dynamics on TEXRAIL chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
TEXRAIL stock is 3.17% volatile and has beta coefficient of 1.85. Track TEXMACO RAIL & ENG. LTD. stock price on the chart and check out the list of the most volatile stocks — is TEXMACO RAIL & ENG. LTD. there?
Today TEXMACO RAIL & ENG. LTD. has the market capitalization of 53.65 B, it has decreased by −6.54% over the last week.
Yes, you can track TEXMACO RAIL & ENG. LTD. financials in yearly and quarterly reports right on TradingView.
TEXMACO RAIL & ENG. LTD. is going to release the next earnings report on May 15, 2025. Keep track of upcoming events with our Earnings Calendar.
TEXMACO RAIL & ENG. LTD. revenue for the last quarter amounts to 10.86 B INR, despite the estimated figure of 10.93 B INR. In the next quarter, revenue is expected to reach 11.93 B INR.
TEXRAIL net income for the last quarter is 767.23 M INR, while the quarter before that showed 728.59 M INR of net income which accounts for 5.30% change. Track more TEXMACO RAIL & ENG. LTD. financial stats to get the full picture.
Yes, TEXRAIL dividends are paid annually. The last dividend per share was 0.50 INR. As of today, Dividend Yield (TTM)% is 0.37%. Tracking TEXMACO RAIL & ENG. LTD. dividends might help you take more informed decisions.
TEXMACO RAIL & ENG. LTD. dividend yield was 0.30% in 2023, and payout ratio reached 15.19%. The year before the numbers were 0.35% and 18.55% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 15, 2025, the company has 7.09 K employees. See our rating of the largest employees — is TEXMACO RAIL & ENG. LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. TEXMACO RAIL & ENG. LTD. EBITDA is 4.17 B INR, and current EBITDA margin is 7.55%. See more stats in TEXMACO RAIL & ENG. LTD. financial statements.
Like other stocks, TEXRAIL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade TEXMACO RAIL & ENG. LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So TEXMACO RAIL & ENG. LTD. technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating TEXMACO RAIL & ENG. LTD. stock shows the neutral signal. See more of TEXMACO RAIL & ENG. LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.