Railway stocks rise ahead of Rail Budget - Railway Budget 2009 - Rail Budget - Rail Budget 2009 - Railway Budget 2009 to be presented by Railway Minister Mamata Banerjee

Railway stocks rise ahead of Rail Budget - Railway Budget 2009 - Rail Budget - Rail Budget 2009 - Railway Budget 2009 to be presented by Railway Minister Mamata Banerjee

MUMBAI: Even as the rest of the market remained weak following global cues, shares of companies servicing the railway industry were in demand on hopes that the Rail Budget could offer some respite.

Wagon makers are expecting new rail infrastructure projects to kickstart and more passenger trains in the upcoming budget as the new Railway Minister Mamata Banerjee presents the Budget at the Lok Sabha later today.

At 10:15 am, shares of Kalindee Rail Nirman climbed 2 per cent to Rs 228, Titagarh Wagons advanced 1.75 per cent to Rs 447 and Texmaco gained 1.66 per cent to Rs 122.45.

Source - http://economictimes.indiatimes.com/articleshow/4732058.cms

Source Courtesy From - DPA - ANI - earthtimes.org -

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