Texmaco Rail & Engineering shares soar over 11.5% on healthy Q2FY24 earnings

Texmaco Rail & Engineering shares soar over 11.5% on healthy Q2FY24 earnings

Shares of Texmaco Rail & Engineering rallied 11.69 % in Monday’s early trade to 148.95 apiece, driven by the company’s healthy performance in the quarter ending in September. At 10:15 AM, the stock was trading with a gain of 6.6% at ₹142.20. During Q2FY24, the company reported a consolidated net profit of ₹25 crore, marking … Read more

India’s WPI Inflation data, major companies’ Q2 earnings, China Q3 GDP, and more

India’s WPI Inflation data, major companies’ Q2 earnings, China Q3 GDP, and more

The week beginning October 16 is packed with important national and global macroeconomic data releases that could potentially impact the financial markets. In India, WPI inflation readings for the month of September will be released next week (October 16). Additionally, figures for bank loan growth and deposit growth data will be released by the Reserve … Read more