Shares of Texmaco Rail, Kalindee Rail Nirman, Titagarh Wagons and Kernex Microsystems were down 3 percent to 5 percent on Wednesday.
We queried our database for stocks that are significantly connected to the Railways and tracked their performance since November 2014, when Prabhu was named Railway Minister.
CNBC-TV18's Ekta Batra lists out stocks that you should focus on â€“ Kernex, Titagarh, Texrail, Zicom. State Bank of India, ICICI Bank, HDFC, HDFC Bank, Power Grid, Coal India, NTPC.
Kunj Bansal, Centrum Wealth Management continues to be positive on the pharma space and thinks the recent correction in stocks is a good opportunity to get into them.
"A meeting of the Board of Directors of the Company will be held on July 15, 2015, to consider the sale of some of the immovable properties," said the company in its filing to the exchange.
Dr Reddy's Labs | Sun Pharma | Kernex Microsystems | GMR Infrastructure | IOC | HCL Technologies | MCX | TCS | Rashtriya Chemicals | Ashiana Housing | Jay Bharat Maruti | Den Networks and Yes Bank are stocks, which are in the news today.
ITC | SBI | MRPL | Hero Motocorp | Somany Ceramics | Henkel | NESCO | Divis Labs | Electrosteel Castings | CEAT | GHCL | Texmaco Rail | Natco Pharma | Radico Khaitan | Claris Life | Rane Brake Lining | SAIL | Sadbhav Engineering | Ipca Labs | Kernex Microsystems and BPCL are stocks, which are in the news today.
Wipro | Sun Pharma | Ranbaxy Labs | Geometric | Tech Mahindra | Dr Reddy's Labs | HCL Technologies | HDIL | Bharti Airtel | Shasun Pharma | Kernex Microsystems | Good Luck Steel | Blue Star | NIIT Technologies | Jindal Steel | Bharat Forge | Tilaknagar Industries and Jindal Stainless are stocks, which are in the news today.
Shares of Kernex Microsystems India are locked at 5 percent upper circuit on Monday ahead of board meeting for sale of assets.
TCS | Power Grid | Axis Bank | GAIL | Container Corporation | Suzlon Energy | DLF | Larsen & Toubro | Pipavav Defence | IOC | ONGC | Oil India | 3i Infotech | Sintex | Bosch | Aurobindo Pharma | YES Bank | Eicher Motors | JSPL | Hindalco | Jayaswal Neco | PSL | National Fertiliser and United Spirits are stocks, which are in the news today.
CNBC-TV18's Sonia Shenoy lists out stocks that you should focus on.
The minister added that east ticketing services with smart vending & e-ticketing will be made available for all. Taking Prime Minister‘s Swach Bharat campaign forward, Prabhu proposed to have toilets in 650 stations and repair 17000 toilets.
While a fare hike is unlikely across the board, acess for cleanliness cannot be ruled out. Prabhu is likely to unravel his grand plans of how to decrease the cross-subsidy for passenger service from freight earnings.
Railway Minister Suresh Prabhu is likely to announce a slew of reformative measures for revival of the sector. Sources say that its focus will be on attracting investment, modernisation of trains through Wifi and transparency in railway systems.
Aashish Tater of Fortunewizard.com is bullish on Texmaco Rail, Kalindee Rail and Texmaco Infrastructure and Holdings and expects upside in the stocks.
Watch the interview of Aashish Tater of Fortunewizard.Com with Ekta Batra & Anuj Singhal on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
While taking over the charge, Prabhu said he will unveil entire scheme of things to be done in Budget. Adding that actions will be far more important than words, the minister stated that he will look into all challenges of the ministry and will deliver on expectations people have from railways.
The government permitted 100 percent foreign direct investment through automatic route in several areas, including high speed trains.
Kernex Microsystems (India) has reported a standalone sales turnover of Rs 9.15 crore and a net loss of Rs 0.35 crore for the quarter ended Dec '13