Texmaco Infrastructure shares saw tremendous fluctuations today.
- Early trade recorded a boom, and the stock jumped 1.77% to an intra-day high of Rs 101.40.
- After this, the selling pressure increased, causing the stock to fall by 2.63% to Rs 97.
- However, now a big news has come out about this stock, which can increase the movement again.
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DII bought 70,000 shares of Texmaco Infrastructure
Domestic Institutional Investors (DII) have invested in Texmaco Infrastructure.
- Kolkata’s Institutional Investor Adventz Finance Private Ltd has increased its stake in the company.
- On March 12, 70,000 shares were purchased through the open market.
- After this investment, the total stake in the company of Adventz Finance Private Ltd to 16.53%.
- Now he has 2,10,76,148 shares of Texmaco Infrastructure.
How was the shares of Texmaco Infrastructure?
In the last few months, there has been a fluctuations in the company’s shares:
- The stock has climbed 4% in the last one month, but this year has fallen by 24% so far.
- The last 6 months have recorded a decline of 23%.
- However, this stock has given more than 80% returns in the last 2 years.
- In 5 years, the price of Texmaco Infrastructure shares increased by 267%.
Promoter and public holding figure
According to shareholding till December 2024:
- Promoter stake was 65.17%.
- Public shareholding was 34.83%.
What will happen next in Texmaco Infrastructure?
In view of DII’s growing stake and fluctuations in shares, investors’ eyes are on this stock. In the coming days, it will be interesting to see if this stock catchs fast or there is a selling pressure.
