Shares of Hind Rectifiers slumped 10.09 per cent, while Kernex Microsystems India tanked 4.04 per cent.
Among others, Kalindee Rail Nirman (Engineers) lost 1.81 per cent and Titagarh Wagons was down 1.33 per cent on the BSE.
"Shares of companies related to railways fell due to lack of major expected announcements. Kernex, Kalindee were some of the stocks impacted by the news," said Rakesh Goyal, Senior Vice President, Bonanza Portfolio Limited.
Passenger fares and freight rates were left untouched today in the interim rail budget, which talks about plans about involvement of private sector and FDI as part of efforts to modernise the largest transport network in the country.
The budget speech did not touch upon passenger fares or freight rates. Kharge later said no hike has been proposed.
Annual Rail Plan has been pegged at Rs 64,305 crore with a budgetary support of Rs 30,223 crore.