Simplex Castings loses shine; stock down 4.6%

In the railway budget 2012-13 Railway Minister Dinesh Trivedi said the Ministry will make an investment of Rs 18193 crore in rolling stock.

Stone India and Simplex Castings reacted negatively post this news. Stone India touched an intraday high of Rs 36.00 and an intraday low of Rs 32.65. At 12:53 hrs the share was quoting at Rs 33.15, down Rs 1.60, or 4.60%. It was trading with volumes of 412,161 shares. Simplex Castings touched an intraday high of Rs 61.35 and an intraday low of Rs 60.10. At 12:48 hrs the share was quoting at Rs 60.15, down Rs 0.25, or 0.41%. It was trading with volumes of 451 shares.