Wagon makers fall; rail budget seen lacking spark

Tue Feb 26, 2013 3:55pm IST

A bicycle hangs from the window of a train at Parsha Bazar railway station in Bihar October 27, 2012. REUTERS/Navesh Chitrakar

A bicycle hangs from the window of a train at Parsha Bazar railway station in Bihar October 27, 2012.

Credit: Reuters/Navesh Chitrakar

Related Topics

Stocks

   

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)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Consumer Confidence Index

REUTERS SHOWCASE

Deal Talk

Deal Talk

Exclusive - Lupin, U.S. firms weigh bids for GSK's mature drugs: sources  Full Article 

Classifying Banks

Classifying Banks

RBI to start announcing too-big-to-fail banks in Aug 2015  Full Article 

Corruption Probe

Corruption Probe

India to probe corruption in healthcare after TV sting.  Full Article 

Food Scandal

Food Scandal

Starbucks, Burger King dragged in as China food scandal spreads.  Full Article 

Bigger iPhones

Bigger iPhones

Apple asks suppliers to produce up to 80 mln large-screen iPhones - WSJ.  Full Article 

Bali Trade Deal

Bali Trade Deal

India keeps world guessing in countdown to landmark trade pact deadline.  Full Article 

Bangalore Sex Abuse

Bangalore Sex Abuse

Modi's BJP puts political twist on local sex abuse case   Full Article 

Yahoo to buy Flurry

Yahoo to buy Flurry

Yahoo to buy analytics startup Flurry to bolster mobile ad business.  Full Article 

Wholesale Biz

Wholesale Biz

Wal-Mart adds $102.9 million in Indian wholesale business in June.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage