Railway stocks fell on muted expenditure on railway infrastructure and on no further fare hikes. Instead freight charges have been hiked by a little below 5 percent to offset the hike in diesel prices. Six out of eight stocks were under pressure.
Kalindee Rail Nirman is currently trading at Rs 72.25, down by 7.35 points or 9.23% from its previous closing of Rs 79.60 on the BSE. The scrip opened at Rs 80.00 and has touched a high and low of Rs 80.40 and Rs 72.00 respectively. So far 1470174 shares were traded on the counter.
Texmaco Rail & Engineering is currently trading at Rs 57.95, down by 3.65 points or 5.93% from its previous closing of Rs 61.60 on the BSE. The scrip opened at Rs 62.05 and has touched a high and low of Rs 62.05 and Rs 55.05 respectively. So far 138266 shares were traded on the counter.
Stone India is currently trading at Rs 21.80, down by 1.95 points or 8.21% from its previous closing of Rs 23.75 on the BSE. The scrip opened at Rs 24.00 and has touched a high and low of Rs 24.00 and Rs 22.00 respectively. So far 121471 shares were traded on the counter.
Hind Rectifiers is currently trading at Rs 60.95, down by 5.40 points or 8.14% from its previous closing of Rs 66.35 on the BSE. The scrip opened at Rs 65.00 and has touched a high and low of Rs 65.00 and Rs 60.90 respectively. So far 54124 shares were traded on the counter.
