2016 Railway Budget – Stocks to look at
The Railway Budget is the Annual Financial Statement of the state Indian Railways, which handles rail transport in India. The Railway Budget for the year 2016 was presented yesterday, February 25, 2016, by the Honourable Minister, Suresh Prabhu. The Indian Railways is the world’s seventh largest commercial or utility employer, by number of employees, with over 1.376 million employees at last count.
While it is too early to comment on what the Railway Budget holds for the stock market, we have listed down 9 railway-related companies and a brief about each one of them: