Railway budget will have impact on D-street will be positive NIL

Railway budget will have impact on D-street will be positive

by By Rohit Gadia Founder & CEO, CapitalVia Global Research Ltd 27 Feb 2015, 11:22 am

#Railway budget

The budget announced was at par with the expectation. Market reacted bearish post announcement of the budget as market has already discounted and the rail stocks had already given the rally.

Its impact on the D-street will be positive as PPP, Pension funds & Banks investing for Railway development, New coaches, e-Catering etc will pave path for more job creations and more up to the mark services for the passengers.
 
Projects worth Rs. 96,182 crore to expand capacity of 9,420 km rail lines- This will impact positively for stocks like BEML, Kalindee, Alstom and Siemens are some of the stocks which are key beneficiaries from any such move by the government. All to all the budget announced is a positive one and common men centric.

Top Headlines

Related Videos
Video

Taste of America, Indian style

by India Blooms 09 Jul 2015, 02:07 pm

Video

Love is the Drug

by Hannah Cornett 01 Jun 2015, 12:30 pm

Video

Can India benefit from Kentucky coal?

by ibns 30 Jan 2015, 01:42 pm

Video

Bollywood weekly round up

by ians 11 Aug 2014, 12:14 pm

Related Photos
Narendra Modi takes oath for rare third term as Prime Minister

Narendra Modi takes oath for rare third term as Prime Minister

by Trans World Features 10 Jun 2024, 12:06 am

PM Modi launches Ram Mandir amid a gathering of seers and celebrities

PM Modi launches Ram Mandir amid a gathering of seers and celebrities

by Trans World Features 24 Jan 2024, 01:56 pm

Ayodhya gears up for Ram Mandir consecration

Ayodhya gears up for Ram Mandir consecration

by Trans World Features 24 Jan 2024, 01:40 pm