Cressanda Railway Solutions' stock has surged to its upper limit at Rs. 14.03, marking a 4.94% rise with an increase of 0.66 points from its previous close of Rs. 13.37 on the BSE.

The stock, which opened at Rs. 14.02, reached a high of Rs. 14.03 and a low of Rs. 14.01 during the trading session, with a total of 35,48,743 shares traded.

This BSE group 'XT' stock, having a face value of Rs. 1, recorded a 52-week high of Rs. 29.28 on 14th September 2023 and a 52-week low of Rs. 9.55 on 7th June 2024. In the past week, the stock’s high and low ranged between Rs. 14.03 and Rs. 11.57, and its market capitalization stands at Rs. 593.67 crore.

Promoters hold a 0.07% stake in the company, while institutions and non-institutional investors account for 0.83% and 99.10% of the ownership, respectively.

Cressanda Railway Solutions has secured significant contracts from Maharashtra’s Directorate of Tourism and the Bureau of Indian Standards (BIS). These contracts involve placing external advertisements on 16 express trains for Maharashtra Tourism and on 1 express train for BIS. These premium, long-distance trains cater to high-end passengers, making them an ideal platform for promotional campaigns. The use of transit media for advertising aims to enhance public awareness of new initiatives launched by these organizations.

Cressanda Railway Solutions, formerly known as Cressanda Solutions, provides IT, digital media, and IT-enabled services. The company specializes in middleware products, system integration services, and custom software solutions.