Gensol Engineering, Texmaco Rail, Mazagon Dock Shipbuilders: Why Are These Stocks In News Today?

Shares of various listed companies including Vedanta, Gensol Engineering, Texmaco Rail And Engineering, and Mazagon Dock Shipbuilders remained in the news on Wednesday. The sharp fluctuations in shares of these stocks kept the Dalal Street abuzz today. Here's why shares of Gensol Engineering, Texmaco Rail & Engineering, and Mazagon Dock Shipbuilders remain in focus today.

Gensol Engineering Ltd:

Today at one point, the share price of Gensol Engineering surged over 8% after the company said that it received an order worth Rs 301,54,79,730 from Maharashtra State Power Generation Co. Ltd. (MAHAGENCO).
The stock was spotted trading 4.41% higher at Rs 872 per share at 1:24 pm IST.

Texmaco Rail And Engineering Ltd:

On Wednesday, shares of Texmaco Rail And Engineering Ltd were seen trading 5.07% lower at Rs 117 per share at 1:32 pm IST. The stock has a 52 52-week high and 52-week low of Rs 163.85 and 40.49 per share.

Mazagon Dock Shipbuilders Ltd:

The share price of Mazagon Dock Shipbuilders slumped 4.26% at Rs 1853.50 per share at 1:35 pm IST today. The stock has a 52 52-week high and 52-week low of Rs 2,483 and 612.80 per share.

The Board of Directors of Mazagon Dock Shipbuilders Limited is scheduled to consider and approve the Unaudited Financial Statements (Standalone & Consolidated) for the Quarter and half year ended on Sep 30, 2023 on November 8.

In an exchange filing on Monday, the company informed that the trading window is closed from 01 October 2023 to 10 November 2023 for dealing in MDL Equity Shares.

The domestic equity market traded negatively in the afternoon trade. At 1:43 PM IST, Sensex was down 0.84% at 64,027.16 points, while Nifty was down 0.87% at 19,113.30 points.