Texmaco Rail share price: Bourses BSE and NSE have put the securities of Texmaco Rail under the long-term ASM (Additional Surveillance Measure) framework. Exchanges put stocks in short-term or long-term ASM frameworks to caution investors about high volatility in share prices.
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.
Texmaco Rail share price: The stock plunged 6.45 per cent to close at Rs 141.30. At this price, the scrip has declined 13.76 per cent from its one-year high of Rs 163.85, a level seen on September 11, 2023. Although, the multibagger counter has gained 248.98 per cent from its 52-week low price of Rs 40.49, hit on March 29 this year.
Jupiter Wagons was in a strong uptrend since April 2021, where it rallied from Rs 15 to Rs 411. But the bulls are losing grip, as the stock is seeing selling at every intermediate rally.