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“Transrail Lighting Shares Surge 6% Despite Anchor Lock-In Expiry”

  • By admin
  • March 24, 2025
  • 31 Views
  • 📈 Transrail Lighting Shares Rise: Shares of Transrail Lighting surged by nearly 6% on Monday, even as the anchor lock-in period for investors expired.
  • 💥 Strong Intraday Gain: The stock rose by as much as 5.82% during the day, reaching ₹538.8 per share, marking its biggest intraday gain since February 28.
  • 📉 Paring Gains: The stock later pared its gains, trading 2.98% higher at ₹528.3 by 10:17 AM, compared to a 0.83% advance in the Nifty 50.
  • 📅 5-Day Winning Streak: Transrail Lighting shares have now extended their gains for a fifth consecutive day.
  • 📊 Year-to-Date Performance: Despite the recent surge, the stock is down 2.3% this year, compared to a 0.43% fall in the benchmark Nifty 50.
  • 💼 Market Capitalization: The company has a total market capitalization of ₹7,086.03 crore, according to BSE data.

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