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 kicked off the biggest day of its mammoth general election on Thursday, with a quarter of its 815 million voters set to head to the polls during a week of fresh blows for the Congress party and gains for the Hindu nationalist opposition. Full Article | Full Coverage