Wagon makers gain on wagon output increase

Rail wagon makers picked up steam after Railway Minister Lalu Yadav announced an increase in wagon output to 15000 per year from the existing 6000 this fiscal.

MUMBAI: Rail wagon makers picked up steam after Railway Minister Lalu Yadav announced an increase in wagon output to 15000 per year from the existing 6000 this fiscal.

At 12:40 pm, Kalindee Rail Nirman was up 7.85 per cent at Rs 157.30, Titagarh Wagon rose 4.26 per cent to Rs 257 while Texmaco traded at Rs 30.90, up 5.18 per cent.
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