Texmaco signs non-binding memorandum for TEB BOT with Chinese company
Shital Jibhe / 23 Jan 2017
Texmaco Rail & Engineering today announced that the company has signed a non-binding memorandum with TEB Technology Development Company Ltd, China on January 21. The project is in West Bengal for promotion and development of Transit Elevated Bus (TEB) BOT.
Texmaco Rail & Engineering today announced that the company has signed a non-binding memorandum with TEB Technology Development Company Ltd, China on January 21. The project is in West Bengal for promotion and development of Transit Elevated Bus (TEB) BOT.
The stock is currently trading at Rs 112.90 per share, up by 1.65 points or 1.48 per cent on the NSE. In the last one year, the Texmaco stock has delivered negative returns of 17.20 per cent and has underformed the BSE Small Cap and BSE Consumer Goods indices. The stock has delivered a return of 37.56 per cent and 11.64 per cent over a period of three years and five years, respectively, on an annualised basis.
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