Millennium Post

Day before: Rail stocks fall by as much as 6%

Stocks of companies related to the railway sector on Wednesday fell up to 6 per cent a day ahead of the rail budget.

Shares of Texmaco Rail & Engineering tumbled 2.90 per cent, while BEML dropped 0.50 per cent on the BSE. Shares of Titagarh Wagons fell 6.19 per cent, Kernex Microsystems (5 per cent) and Hind Rectifiers (4.01 per cent).

Two companies - Kalindee Rail Nirman and Stone India - however defied the broader market trend and settled in the positive territory with gains of 1.15 per cent and 0.59 per cent respectively.
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