Failing to get a boaster from Mamata Banerjee in the railway budget, rail stocks are on their downward journey. The railway budget was a sheer disappointment. All railway stocks have reacted to the miserable announcement. In the morning, the stocks were down in 1-4% range, a little better than yesterday (down in 3-6% range).
At 13:17 hrs Kalindee Rail Nirman (Engineers) was quoting at Rs 126, down Rs 9, or 6.67%.
At 13:17 hrs Titagarh Wagons was quoting at Rs 362.90, down Rs 18.75, or 4.91%.
At 13:17 hrs Texmaco was quoting at Rs 39.60, down Rs 1.15, or 2.82%.
At 13:17 hrs BEML was quoting at Rs 621, down Rs 12.90, or 2.04%.
At 13:17 hrs Kernex Microsystems (India) was quoting at Rs 97.45, down Rs 2.10, or 2.11%.
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