 "HDPE pipes image via Shutterstock.")
Shares of Texmo Pipes & Products have surged 20% to Rs 39 per share, extending their past three days rally on the National Stock Exchange (NSE) after the company received order worth of Rs 813 million from Larsen & Toubro (L&T).
The stock of plastic products company trading at its 52-week high has zoomed 67% in past four trading days from Rs 23.35 on Monday. In comparison, the Nifty 50 index was down marginally 0.09% during the same period.
“The Company has received an order of HDPE Pipe worth Rs 813 million from Larsen & Toubro Limited, Chennai.
The stock of plastic products company trading at its 52-week high has zoomed 67% in past four trading days from Rs 23.35 on Monday. In comparison, the Nifty 50 index was down marginally 0.09% during the same period.
“The Company has received an order of HDPE Pipe worth Rs 813 million from Larsen & Toubro Limited, Chennai.
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