Texmaco Rail & Engineering Shows Increased Trading Activity and Strong Market Performance
Texmaco Rail & Engineering Ltd has become one of the most actively traded stocks, with a volume of over 12 million shares and a market capitalization of Rs 7,278.29 crores. The stock has shown significant upward movement, outperforming its sector and indicating strong market activity and liquidity.
Texmaco Rail & Engineering Ltd (TEXRAIL) has emerged as one of the most active stocks today, reflecting significant trading volume and notable performance metrics. The company, operating within the industrial manufacturing sector, reported a total traded volume of 12,065,199 shares, with a total traded value of approximately Rs 222.86 crores. Opening at Rs 188.00, the stock experienced a substantial gain of 8.43% and reached an intraday high of Rs 189.00, marking a 9% increase from the previous close of Rs 173.39. Currently, the last traded price stands at Rs 182.85. Over the past five days, Texmaco Rail has shown a remarkable upward trend, gaining 15.32% and outperforming its sector by 2.15%.
The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance trajectory. Additionally, the delivery volume surged to 197,700 shares on June 25, reflecting a 102.36% increase compared to the 5-day average. With a market capitalization of Rs 7,278.29 crores, Texmaco Rail & Engineering continues to demonstrate robust activity and liquidity in the market. Overall, the stock's performance today underscores its active role in the industrial manufacturing sector.
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