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Kalindee Rail Nirman gains on announcement of increase track capacity by 14% to 138,000 km

26 Feb 2015 Evaluate

Kalindee Rail Nirman (Engineers) is currently trading at Rs 141.30, up by 0.50 points or 0.36% from its previous closing of Rs. 140.80 on the BSE.

The scrip opened at Rs. 142.90 and has touched a high and low of Rs. 143.00 and Rs. 132.30 respectively. So far 903797 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 172.00 on 23-Feb-2015 and a 52 week low of Rs. 51.00 on 28-Feb-2014.

Last one week high and low of the scrip stood at Rs. 172.00 and Rs. 131.00 respectively. The current market cap of the company is Rs. 228.47 crore.

The promoters holding in the company stood at 49.16% while Institutions and Non-Institutions held 2.54% and 48.30% respectively.

Kalindee Rail carries out various infrastructure facilities and construction projects, mainly into railway and telecom space. The company has diversified into Ballasted and Ballast-less Railway Track, Access Control Systems for Metro Rail, Roads, Buildings and Bridges. Kalindee has also developed links with internationally reputed organizations to provide the latest state of the art technology.

Peers
Company Name CMP
Larsen & Toubro 3959.90
Rail Vikas Nigam 275.10
NCC 153.05
KEC International 573.95
Kalpataru Projects 1181.65
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