Texmaco Rail & Engineering Ltd., an Indian giant in manufacturing rail and infrastructure solutions, has become a hot topic for investors eyeing robust growth potential.
Let’s dive deep into understanding the future projections and share price targets for TEXRAIL for the coming years, specifically focusing on 2024, 2025, 2026, and extending up to 2030.
Our exploration will highlight factors influencing the share price, expert predictions, and an overview of TEXRAIL’s business performance.
Understanding TEXRAIL’s Current Market Scenario
TEXRAIL, listed under the NSE, plays a pivotal role in rail manufacturing and infrastructure projects.
Its endeavors in creating freight wagons, rail infrastructure, and exporting these products to global markets, particularly the USA and Eurasia, spotlight it as a strategic player in the sector.
With a market capitalization of ₹9,000 Cr, and a very decent Return on Capital Employed (ROCE) of 11.4%, the company seems poised for further growth.
Share Price Targets for 2024 to 2030
The determination of share price targets for TEXRAIL involves analyzing market trends, earnings projections, and investment patterns.
According to various estimates, Texmaco Rail’s stock price is predicted to escalate progressively over the years. Here’s a glance at the forecast:
| Year | Initial Target (INR) | Mid-Year Target (INR) | Year-End Target (INR) |
|---|---|---|---|
| 2024 | 333.69 | 437.31 | 499.49 |
| 2025 | 509 | 478 | 571 |
| 2026 | 582 | 547 | 654 |
| 2027 | 667 | 627 | 748 |
| 2028 | 763 | 717 | 856 |
| 2029 | 873 | 821 | 980 |
| 2030 | 1000 | 940 | 1123 |
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