Wagon makers fall; rail budget seen lacking spark
Reuters Market Eye - Shares of wagon manufacturers extend falls after the 2013/14 railway budget unveiled by the government was seen as lacking big announcements or projects.
Texmaco Rail and Engineering Ltd (TEXA.NS) falls 1.84 percent, while Titagarh Wagons Ltd (TITW.NS) ended down 8.3 percent.
Kalindee Rail Nirman Engineers Ltd (KALI.NS) slumps 11.2 percent, while BEML Ltd (BEML.NS) lost 3 percent. Stone India ended down 16.2 percent in trade.
(Reporting by Abhishek Vishnoi)
- Tweet this
- Share this
- Digg this
India's universal health plan that aims to offer guaranteed benefits to a sixth of the world's population will cost an estimated 1.6 trillion rupees ($26 billion) over the next four years, a senior health ministry official said. Full Article