>Texmaco Rail & Engineering Limited (TREL)

 TREL now houses core engineering business of erstwhile Texmaco Limited, viz., Heavy Engineering (comprising Rolling Stock for Railways, Hydro-Mechanical Equipment, Steel Structural, Agriculture Machinery) and Steel Foundry. Company is strategically well placed to take advantage of high growth taking place in the user segments of these businesses.

 Company’s Rolling Stock division (81% of sales in 9 months FY 2011) manufactures general purpose & commodity specific special wagons catering to Indian Railways (IR) and other private players like CONCOR, NTPC, etc, and thus serves core sectors such as cement, coal, alumina, steel, oil, chemicals, fertilizers, container freight cars, etc

To read the full report: TREL