Texmaco Infrastructure and holding Ltd Stock Research

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Texmaco Infrastructure and holding Ltd Detail

Texmaco Infrastructure and holding Ltd is in portfolio of Bharat Jayantilal. He is one of the top investors in India. The company belongs to Finance Investment sector.

As per the Company website it is now part of Adventz group. Earlier it was part of KK Birla group.  In 2010 it demerged its Heavy Engineering and Steel Foundry businesses, constituting the major part of its operations, into a separate company called Texmaco Rail & Engineering Limited.

It is is presently concentrated in the business of Real Estate, Mini Hydel Power and Investments. The mini hydel power is present in Kalimpong district of West Bengal. The Company is planning to start its real estate presence in Delhi and Kolkata region.

I have shared long term price performance chart of the Company below.As per Dow theory of technical analysis price performance over a period of time reflects Company state.

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Texmaco Infrastructure and holding Ltd Stock Performance

There are two ways to view this stock as wealth creator and as wealth destrutor. It has done both. If people invested in year 2002 and hold it till date then they have made money. But if they have invested at wrong levels in year 2007 or 2010 then they have lost money.

This chart shows why people emphasis so much on buying cheap. You can make money in a stock if you can buy it right time. You should not buy a stock after frenzy run. Most of the times you will lose money in the counter. We have seen this so many times in our research of Companies.

Every stock consolidates or dives deep depending on the reason of run. If the run was based on some news and speculation then prices will nosedive and retail investors will have to book loss.

Texmaco Infrastructure and holding Ltd My Opinion

Texmaco Infrastructure and holding Ltd is a Conglomerate Company in true sense.It is planning to come up with Real Estate properties in Delhi and Kolkata. So you can view it as Real Estate Company.

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It has power plant in West Bengal so you can view it as power sector Company. It is also investing business. So these three business verticals are being part of it. The demerger happened in year 2010. The huge fall in the prices reflect that. The company has since then went into long consolidation phase.

The stock prices are trading near 50 level since the demerger. Personally I do not like to invest in Company which does not have unique business. It is present in three different sector without having any unique presence in any one of them. These are generic sector and there are many companies present in them.

I will not track this Company nor will invest in it. There is not much present in Company plate post demerger.

In case you are interested then you can track the company by adding it to your stock watch list. That way you can keep close eye on the Company.

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