At 12:54 pm, Kalindee Rail Nirman is quoting at Rs 185.65, up Rs 9.50, or 5.39%. It has touched an intraday high of Rs 196 and an intraday low of Rs 177.40.
The company is expected to get orders from Railways over Rs.1000 crore.
It is trading with volumes of 3,10,700 shares, compared to its five-day average of 18,651 shares, an increase of 1,565.86%.
On Friday the share closed down 3.13% or Rs 5.70 at Rs 176.15.