A Oneindia Venture
News Personal finance Gold rates Silver rates Mutual funds IPO MSME
Gold Rates
Silver Rates
Platinum Rates
Fuel Price
Holidays
Banking
Lottery
Calculators
Savings Scheme
Get Updates
Get notified about market trends, financial advice, and investment tips!
English हिन्दी ಕನ್ನಡ മലയാളം தமிழ் తెలుగు
Sensex 73,319.55 +0.25% ↑ Nifty 22,713.10 +0.15% ↑ 22k Gold ₹ 13,835/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.50 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 109.24 USD ₹ 92.71
Sensex 73,319.55 +0.25% ↑ Nifty 22,713.10 +0.15% ↑ 22k Gold ₹ 13,835/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.50 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 109.24 USD ₹ 92.71
Home News Business
Rail Stocks Up Ahead Of Railway Budget
By
Add as a preferred source on Google

Shares in stocks that supply to the railways, were trading slightly higher, after witnessing some selling pressure on Tuesday. Kalindee Rail was up 0.5 per cent, Titagarh Wagons was up half per cent and BEML was up 1 per cent. Texmaco Rail was also up in early trade.

investment
Union Railway Minister, Suresh Prabhu is expected to announce the Rail Budget on Feb 25. With budgetary constraints, it is unlikely that there is going to be huge prospects for Rail companies. This is because the Union Budget 2016, will have to make huge allocations for the 7th Pay commission and also towards the one rank one pension scheme.

Stocks linked to the Railways tend to get fired-up, before the Rail Budget, but, this has not been the case this year.

GoodReturns.in

Share This Article
Story first published: Wednesday, February 24, 2016, 11:11 [IST]
See More On: beml, kalindee
Other articles published on Feb 24, 2016

More From GoodReturns

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+
Sign Out