Railway stocks slip further ahead of Rail Budget

Railway stocks continued their down move ahead of Rail Budget, which will be announced today. The stocks are down in 1-4% range, a litttle better than yesterday (down in 3-6% range).

At 09:47 hrs Kalindee Rail Nirman (Engineers) was quoting at Rs 129.40, down Rs 5.60, or 4.15%. At 09:47 hrs Kernex Microsystems (India) was quoting at Rs 96.70, down Rs 2.85, or 2.86%. At 09:47 hrs BEML was quoting at Rs 632.75, down Rs 1.15, or 0.18%. At 09:48 hrs Titagarh Wagons was quoting at Rs 377.75, down Rs 3.90, or 1.02%. However, At 09:47 hrs Texmaco was quoting at Rs 40.95, up Rs 0.20, or 0.49%.