Shares of 11 companies whose fortunes are linked to orders from Indian Railways rose by 0.19% to 4.41% at 11:24 IST on reports that the railway ministry has called for an investor meet on 5 December 2014.
BEML (up 0.51%), Texmaco Rail and Engineering (up 1.58%), Kalindee Rail Nirman (Engineers) (up 1.85%), Kernex Microsystems (India) (up 2.6%), Nelco (up 3.16%), Bharat Heavy Electricals (up 0.53%), Hind Rectifiers (up 1.24%), Titagarh Wagons (up 1.96%), Stone India (up 0.19%), Container Corporation of India (up 0.65%) and Transformers & Rectifiers (India) (up 4.41%) edged higher.
Meanwhile, the BSE Sensex was down 23.31 points, or 0.08%, to 28,362.88
As per reports, the railway ministry has called for an investor meet on 5 December 2014. Those likely to attend include investment banks, consultants and infrastructure companies and the focus of the meeting will be to increase investments in the railway sector, reports indicated.
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