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.
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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.
The company's shares made their debut on the Indian stock exchanges on December 27, 2023, listing at ₹105 apiece, representing a 5% premium to the IPO price of ₹100. Considering the stock's current market price of ₹211 apiece, it is trading 111% higher than its issue price.
Shares of Mangalore Refinery and Petrochemicals surged 17.8% to hit a new record high of ₹158 apiece in today's trading session, surpassing their previous record set in 2008. The stock has generated multibagger returns of 137.52% in 2023.
47 stocks of Nifty 500 index have experienced notable gains in January so far, with Network18 being the top gainer with a gain of 50%. Other stocks that have seen significant rallies include Sun Pharma Advanced Research, Sobha, JBM Auto, and Easy Trip Planners.
LIC increased stake in Navin Fluorine International by 0.24% through open market. LIC bought 1.21 lakh shares of Navin Fluorine International on January 08 at an average price of ₹3,630.39 apiece.