Railway stocks up 5-20%

Railway stocks are on a roll on hopes of revival of dedicated railway freight corridor. Kalindee Rail Nirman, Titagarh Wagons, Texmaco, Hind Rectifiers, Kernax Microsystems and Stone India rose 5-20 per cent.

The combined turnover of these stocks increased more than ten fold to Rs 446 crore, as compared to equity shares worth Rs 43 crore that changed hands on the previous day at BSE and NSE. Kalindee Rail Nirman, the largest gainer, surged 20 per cent to Rs 216.20.

Titagarh Wagons rose 17 per cent to Rs 465.20. Texmaco was up 9.2 per cent to Rs 163.95. Kernex Microsystems and Stone India surged 5 per cent each.