New Delhi: As stock market indices opened in Green on Thursday, let’s have a look at the two stocks which are trending. Rama Steel share price which made a huge buzz on September 4 is again trading in positive territory today. Meanwhile, much-awaited Raymond Lifestyle shares got listed on BSE and NSE today.
Rama Steel share price today
Rama Steel share price jumped over 10 per cent today morning and was trading at Rs 12.88 at 10:17 am. Rama Steel stock is making a buzz in the stock market after the company announced that it has collaborated with Onix Renewable Ltd to manufacture and provide steel structures along with single-axis trackers for solar projects undertaken by Onix.
The company manufactures preGalvanized Tubes, Structural Tubes, MS Black and Galvanized Tubes, Hollow Sections.
“RSTL has expanded its expertise and developed specialised steel structures and tracker
tubes which will serve as the backbone for Greenfield Solar Projects. We are proud to
announce our entry into the Green Energy segment and are determined to deliver products
that ensure the highest standards of reliability, durability, and performance, which are
critical to the long-term success of solar greenfield projects,” Rama Steel said in its release.
Raymond Lifestyle debut on BSE, NSE
The shares of Raymond Lifestyle Ltd made their market debut on BSE and NSE. The stock was listed at Rs 3,020 on NSE, and Rs Rs 3,000 on BSE. The demerged entity from the Raymond Ltd has a total market capitalisation more than Rs 18,200 crore.
Raymond Lifestyle share price dropped 5 per cent shortly after the stock witnessed profit-taking and hit the lower circuit limit of 5 percent on both the indices.
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Trending Stocks today: Rama Steel share price trading with gains of over 10 per cent. Raymond Lifetsyle stock made its debut on BSE and NSE today. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
