Stone India gained on Tuesday after the company bagged first export order for its proprietary brake system from Chinese freight car builder. The contract is valid for supply of the system for a period of one year. This opens up a major export market for the company.
Stone India is a multi-product engineering company located in Kolkata, has been serving the Indian rail road industry for over seven decades.
Shares of the company gained Rs 5.9, or 13.33%, to trade at Rs 50.15. The total volume of shares traded was 132,331 at the BSE (11.12 a.m., Tuesday).
The scrip has touched an intra-day high of Rs 53 and low of Rs 43.55. The total volume of shares traded at the BSE is 132,331.