Texmaco Rail shares hover near all-time high; which way the stock is headed?
Texmaco Rail share price: The company has recently recieved an order from the Ministry of Railways to manufacture and supply 3,400 BOXNS wagons valued at Rs 1,374.41 crore.
- Jan 12, 2024,
- Updated Jan 12, 2024 10:52 AM IST
Shares of Texmaco Rail & Engineering Ltd rose 1.88 per cent in Friday's trade. At this price, the stock traded just 1.03 per cent away from its all-time high of Rs 188.95, a level seen on December 15, 2023. The multibagger counter has zoomed 361.84 per cent from its 52-week low price of Rs 40.49, hit on March 29 last year.
On BSE, around 1.32 lakh shares were seen changing hands hands today at the time of writing this story. The figure was lower than the two-week average volume of 3.01 lakh shares. Turnover on the counter stood at Rs 2.44 crore, commanding a market capitalisation (m-cap) of Rs 7,066.84 crore.
The company has recently recieved an order from the Ministry of Railways to manufacture and supply 3,400 BOXNS wagons valued at Rs 1,374.41 crore.
In an interation with
Also read: Stock recommendations by analyst for January 12, 2024: RVNL, Exide Industries and LT Foods
Also read: Infosys, TCS Q3 results lift IT pack by 4%. Wipro, HCL Tech, TechM jump. Here's why
Shares of Texmaco Rail & Engineering Ltd rose 1.88 per cent in Friday's trade. At this price, the stock traded just 1.03 per cent away from its all-time high of Rs 188.95, a level seen on December 15, 2023. The multibagger counter has zoomed 361.84 per cent from its 52-week low price of Rs 40.49, hit on March 29 last year.
On BSE, around 1.32 lakh shares were seen changing hands hands today at the time of writing this story. The figure was lower than the two-week average volume of 3.01 lakh shares. Turnover on the counter stood at Rs 2.44 crore, commanding a market capitalisation (m-cap) of Rs 7,066.84 crore.
The company has recently recieved an order from the Ministry of Railways to manufacture and supply 3,400 BOXNS wagons valued at Rs 1,374.41 crore.
In an interation with
Also read: Stock recommendations by analyst for January 12, 2024: RVNL, Exide Industries and LT Foods
Also read: Infosys, TCS Q3 results lift IT pack by 4%. Wipro, HCL Tech, TechM jump. Here's why