Economy
Ventura Securities Issues Buy Call on Texmaco Rail With ₹165 Target

Ventura Securities Issues Buy Call on Texmaco Rail With ₹165 Target

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THE BRIEF
1

Brokerage firm Ventura Securities recommended a 'Buy' rating on Texmaco Rail & Engineering with a target price of ₹165 and a stop-loss at ₹102.

2

The stock recently broke out of a symmetrical triangle pattern on higher trading volumes, following a rebound from its March 2026 low of ₹78.05.

3

For the quarter ended June 30, 2026, the company reported a 70.7% year-on-year increase in consolidated net profit to ₹50.07 crore.