Wednesday 12 February 2014

Railway stocks fall after interim railway budget announcement

Railway stocks fell after Railway Minister Mallikarjun Kharge hesitated from making any major announcements in UPA’s II last Rail Budget speech in Parliament, where in he left passenger fares, freight rates unchanged.

Titagarh Wagons is currently trading at Rs. 103.05, down by -2.25 points or -2.14 % from its previous closing of Rs. 105.30 on the BSE. The scrip opened at Rs. 108.00 and has touched a high and low of Rs. 110.55 and Rs. 103.00 respectively. So far 331122 shares were traded on the counter.

Kalindee Rail Nirman (Engineers) is currently trading at Rs. 65.30, down by -1.05 points or -1.58 % from its previous closing of Rs. 66.35 on the BSE. The scrip opened at Rs. 67.40 and has touched a high and low of Rs. 69.30 and Rs. 65.15 respectively. So far 479751 shares were traded on the counter.

Texmaco Rail & Engineering is currently trading at Rs. 43.00, up by 0.00 points or 0.00 % from its previous closing of Rs. 43.00 on the BSE. The scrip opened at Rs. 43.85 and has touched a high and low of Rs. 44.00 and Rs. 42.75 respectively. So far 29724 shares were traded on the counter.

Stone India is currently trading at Rs. 17.55, up by 0.10 points or 0.57 % from its previous closing of Rs. 17.45 on the BSE. The scrip opened at Rs. 17.95 and has touched a high and low of Rs. 18.25 and Rs. 17.00 respectively. So far 30058 shares were traded on the counter.

Hind Rectifiers is currently trading at Rs. 33.05, down by -2.15 points or -6.11 % from its previous closing of Rs. 35.20 on the BSE. The scrip opened at Rs. 34.00 and has touched a high and low of Rs. 34.60 and Rs. 32.40 respectively. So far 30587 shares were traded on the counter.

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