Schneider Electric soars 14%, hits over 7-year high on positive outlook

In past 12 trading sessions, the stock has zoomed 44 per cent and now quotes at its highest level since August 2015.

Shares of Schneider Electric Infrastructure hit an over seven-year high of Rs 202.15, as they rallied 14 per cent on the BSE in Tuesday’s intra-day trade on the back of heavy volumes in an otherwise weak market owing to a positive business outlook. In past 12 trading sessions, the stock price of the company has zoomed 44 per cent.

The stock surpassed its previous high of Rs 195.40 touched on October 4, 2022. It was trading at its highest level since August 2015. The stock had hit a record high of Rs 241 on June 24, 2015.

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