Texmaco Rail Share Price 26 April 2024 ๐๐ฐ
Amid decreasing tension between Iran and Israel, the market has been steadily rising for the past four days. Experts have recommended buying shares in two companies, one of which is the multi-bagger rail stock Texmaco Rail and the other is Orient Paper.
Texmaco Rail: The share closed at Rs 178 with a 4% increase. Experts suggest buying at Rs 190 target with a stop loss at Rs 165. The share reached a all-time high of Rs 232 on February 2nd. The company mainly manufactures railway wagons and has a strong order book of around Rs 9,000 crore. The share has given returns of 7% this week, 9% in a month, 45% in six months, and 250% in a year. On Friday, the share was trading at Rs 187 with a 0.35% decrease.
Orient Paper: Experts have also recommended buying Orient Paper, which closed at Rs 49 with a 5.5% increase. The short-term target is Rs 53 with a stop loss at Rs 44. The company is a paper manufacturing company owned by the Birla Group and is the largest tissue paper manufacturer in the country. The stock has seen an increase of around 12% this week, 9% in two weeks, and 14% in a month. On Friday, the share was trading at Rs 50.1 with a 1.40% increase.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.