Railway stocks in focus; Kalindee Rail, Titagarh Wagons stock surges 7%

Government gives its nod to four rail line projects in Odisha, Andhra Pradesh and Chhattisgarh at a cost of around Rs. 8351 crore.

Railway stocks gained on Thursday after government gives its nod to four rail line projects in Odisha, Andhra Pradesh and Chhattisgarh at a cost of around Rs. 8351 crore. 

Kalindee Rail stock was higher by 7% at Rs. 141, while Titagarh Wagons Ltd gained 7% at Rs. 118.

Cimmco stock also zoomed by 7% at Rs. 74, While Stone India stock was up 4% at Rs.84.

Kalindee Rail Nirman (Engineers) Ltd is currently trading at Rs. 141.6, up by Rs. 8.6 or 6.47% from its previous closing of Rs. 133 on the BSE.

The scrip opened at Rs. 135 and has touched a high and low of Rs. 144.4 and Rs. 134.7 respectively. So far 449412(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 219.58 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 172 on 23-Feb-2015 and a 52 week low of Rs. 98.9 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 133.6 and Rs. 122.1 respectively.

The promoters holding in the company stood at 42.87 % while Institutions and Non-Institutions held 7.01 % and 50.12 % respectively.

The stock is currently trading below its 200 DMA.

Titagarh Wagons Ltd is currently trading at Rs. 118.9, up by Rs. 7.35 or 6.59% from its previous closing of Rs. 111.55 on the BSE.

The scrip opened at Rs. 113 and has touched a high and low of Rs. 119.65 and Rs. 112 respectively. So far 2413868(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1287.11 crore.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 174.6 on 10-Mar-2015 and a 52 week low of Rs. 47.52 on 17-Dec-2014. Last one week high and low of the scrip stood at Rs. 114 and Rs. 105.8 respectively.

The promoters holding in the company stood at 46.11 % while Institutions and Non-Institutions held 25.62 % and 28.27 % respectively.

The stock is currently trading below its 200 DMA.

Cimmco Ltd is currently trading at Rs. 74.5, up by Rs. 5.2 or 7.5% from its previous closing of Rs. 69.3 on the BSE.

The scrip opened at Rs. 71.4 and has touched a high and low of Rs. 75.8 and Rs. 70.05 respectively. So far 31381(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 139.64 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 132.9 on 05-May-2015 and a 52 week low of Rs. 49 on 20-Nov-2014. Last one week high and low of the scrip stood at Rs. 72.8 and Rs. 59.2 respectively.

The promoters holding in the company stood at 74.92 % while Institutions and Non-Institutions held 1.19 % and 23.89 % respectively.

The stock is currently trading below its 200 DMA.

Stone India Ltd is currently trading at Rs. 84.75, up by Rs. 3.85 or 4.76% from its previous closing of Rs. 80.9 on the BSE.

The scrip opened at Rs. 81 and has touched a high and low of Rs. 85.2 and Rs. 81 respectively. So far 61796(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 77.64 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 101 on 20-Feb-2015 and a 52 week low of Rs. 41.1 on 03-Jun-2015. Last one week high and low of the scrip stood at Rs. 85 and Rs. 80.3 respectively.

The promoters holding in the company stood at 44.87 % while Institutions and Non-Institutions held 0.01 % and 55.12 % respectively.

The stock is currently trading below its 50 DMA.