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Railway stocks derail on profit taking, drop 5-10%

Posted on: February 22nd 2010 in Market News.

Railway stocks today declined in the range of 5-10% each, ahead of the Railway Budget on February 24, due to overall weakness in market coupled with profit taking. Most of these stocks had appreciated between 10-40% in last two weeks. Kernex Microsystems and Kalindee Rail Nirman were fro…

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