Tit - bits 

#The shares of Texmaco Rail and Engineering Ltd (Rs.30.70) made a 52 - week low of Rs.29.40 today,  on the news that the shares of the company has got delisted from Calcutta Stock Exchange (CSE) on 12 December,  2019. This is crazy and stupid... 😂😂

This is is actually good for the company as CSE is now almost defunct. What is the use of paying listing fees then?  The money could be saved and used in business.
The company's shares would continue to trade in NSE and BSE -- that is enough for we shareholders. It is India's biggest Wagon Maker and it would be pity for us,  if we lose money in such a scrip. Today,  I averaged and brought down my buy price and for some of my clients. The demand for wagons are increasing everyday.
That sector fundamentals are intact can be seen when we look at the share of India's 2nd biggest Railway Wagons Maker, viz.  Titagarh Wagons  (Rs.46.20). These are life time opportunities to buy such blue chips as Texmaco Rail and Engineering Ltd. Meanwhile,  Wagon and metro rake maker Titagarh Wagons Ltd (TWL) said in last September that it has inched closer to build warships of "certain categories" for the Indian Navy, in West Bengal. 
In another significant development there were media reports that Indian Railways had come out with a substantial wagon procurement plan this year and now there are talks that Coal India is exploring options of having its own fleet of rakes. This will further boost demand for wagons. I had earlier mentioned about a backlog of 25,000 wagons; which will need at least a couple of years to get cleared. The next upper targets for Texmaco Rail are: Rs.32.40/37/39/41.50. If Rs.39 is crossed with good volume then we can even see Rs.47/51/56/62/66/72.

#The scrip of United Bank of India today made a high of Rs. 9.45 and is consolidating around Rs.8.80/8.85 ranges.  I had mentioned earlier that a close above Rs.8.80 would pronounce the next level of upmove, which happened today. You should accumulate with a SL at Rs.8.50.