MSTC, Mishra Dhatu Nigam, IRCTC hit new highs, surge over 20% in a week

MIDHANI has zoomed 51 per cent in the past six trading days after reporting a more than three-fold jump in its December quarter net profit

Shares of three state-owned companies, Indian Railway Catering and Tourism Corporation (IRCTC), MSTC, and Mishra Dhatu Nigam (MIDHANI), hit their respective fresh highs on the bourses on Thursday. These stocks have rallied in the range of 20 per cent to 27 per cent during this week, as compared to 0.39 per cent decline in the benchmark S&P BSE Sensex during the period.

MSTC soared 19 per cent to Rs 205 on the BSE on Thursday. The stock has rallied 47 per cent in the past six trading days on the BSE on the back of heavy volumes. The stock