60% rally in FY27! Ventura Securities sees 32% more upside in short term | Technical outlook, target, stoploss
New Delhi, Sept. 25 -- Brokerage firm Ventura Securities has given a Buy call on Texmaco Rail & Engineering Ltd, with a target price of Rs.165 and a stop-loss at Rs.102. The brokerage's technical view, dated 24 September 2026, describes the stock's short-term outlook as bullish.
According to Ventura Securities, Texmaco Rail began declining from Rs.142.60 in December 2025 and subsequently slipped below its 200-day simple moving average (SMA), hitting a low of Rs.78.05 in March 2026.
The stock later witnessed buying interest and climbed to Rs.130.75 in May 2026. However, resistance at those levels pushed the stock into a consolidation phase, with the price moving between Rs.102.10 and Rs.130.75 from May through August.
Ventura Securities...
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