Shares of companies related to Railways fell despite Finance Minister Arun Jaitley announced Railways capex for FY19 at Rs 1.48 lakh crore. Also, they are in a process of eliminating unmanned railway crossings. All railway stations having more than 25,000 footfall will have escalators. They are also working to provide WiFi and CCTV Cameras on all trains and stations.
Texmaco Rail & Engineering is currently trading at Rs. 102.20, down by 1.25 points or 1.21% from its previous closing of Rs. 103.45 on the BSE. The scrip opened at Rs. 103.40 and has touched a high and low of Rs. 103.40 and Rs. 100.60 respectively. So far 182409 shares were traded on the counter.
C&C Constructions is currently trading at Rs. 67.95, down by 3.55 points or 4.97% from its previous closing of Rs. 71.50 on the BSE. The scrip opened at Rs. 70.20 and has touched a high and low of Rs. 74.25 and Rs. 67.95 respectively. So far 22321 shares were traded on the counter.