Railways stocks mixed post capital outlay announcement
Shares of companies related to the railways sector were trading on a mixed note in Friday's afternoon session after the Finance Minister in his budget speech announced capital support for railways at Rs 64,587 crore for FY-20.
Shares of Texmaco Rail & Engineering (down 1.69 per cent), Titagarh Wagons (down 2.05 per cent), Cimmco (down 1.84 per cent), Hind Rectifiers (down 1.12 per cent) and Siemens (down 0.21 per cent) slipped upto 2 per cent.
However, Commercial Engineers & Body Builders (up 2.53 per cent), BEML (up 1.58 per cent) and ABB India (up 1.25 per cent) were trading around 2 per cent higher.
Shares of Texmaco Rail & Engineering (down 1.69 per cent), Titagarh Wagons (down 2.05 per cent), Cimmco (down 1.84 per cent), Hind Rectifiers (down 1.12 per cent) and Siemens (down 0.21 per cent) slipped upto 2 per cent.
However, Commercial Engineers & Body Builders (up 2.53 per cent), BEML (up 1.58 per cent) and ABB India (up 1.25 per cent) were trading around 2 per cent higher.