A Kolkata based equity analyst strongly recommends Texmaco Rail, which has reported a net profit of Rs. 33.65 crore on a total income of Rs. 246.57 crore for the first quarter of the current fiscal against a net profit of Rs. 27.31 crore on a total income of Rs. 201 crore for the corresponding quarter last year. For the entire 2010-11, it had posted a net profit of Rs. 121.48 crore on a total income of Rs. 941.23 crore. Thus the first quarter results indicate improved prospects for the company. It has also free reserves exceeding Rs. 438 crore against equity capital of Rs. 18.18 crore, making it a bonus candidate as well.
However remember that these tips are rumour stock tip and thus one must make use of his own financial wisdom while investing on such type of stocks. Moreover one must remember that the info may be time sensitive.
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