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Shares of rail stock Concorde Control Systems have soared like a bullet train. On Wednesday, the company’s stock rose over 11 percent to Rs. 897.70 was reached. This is an all-time high for shares of Concorde Control Systems. On Tuesday, the company’s shares traded at Rs. closed at 796.80. Shares of Concorde Control Systems hit a 52-week low of Rs. is 178.20. Experienced investor Mukul Agarwal has placed a big bet on the company. Mukul Aggarwal bought more than 2 lakh shares of Concorde Control Systems.
Mukul Aggarwal bought 2.40 lakh shares
As per latest shareholding pattern of Concorde Control Systems, veteran investor Mukul Aggarwal holds 240000 shares or 4.01% stake in the company. The company has filed its latest shareholding in October 2023. In the shareholding pattern for July-September 2023 quarter, Mukul Aggarwal’s name was not in the list of individual shareholders of the company. This means that either Mukul Agarwal bought all the shares after the September 2023 quarter or he had some shares of the company in the September 2023 quarter, but it was less than 1%.
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The stock gained 385% in just 10 months
Shares of Concord Control Systems are up more than 385% in the past 10 months. On 27 February 2023, the shares of the company were Rs. was at the level of 185. Shares of Concorde Control Systems on 27 December 2023 at Rs. 897.70 has been reached. In the past 6 months, shares of Concord Control Systems have gained more than 185%. On June 28, 2023, the shares of the company were Rs. 310.25, which is now Rs. 897.70 has been reached. Shares of Concorde Control Systems have risen more than 35 percent in the past month.
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