26-June-2009
The Railway Budget for 2009-10 will likely to be presented on July 3, by the Railway Minister Ms. Mamata Bannerjee before the parliament. The budget session of the parliament will commence from July 2, and the General Budget for 2009-10 will be presented to the Lok Sabha on July 6. After winning a thumping majority in the recently concluded Lok Sabha Elections, this will be the first rail budget for the Manmohan Singh government and quite naturally the expectations from the budget will be high.
Whether the government can fulfill the expectations will be determined by how deftly it can handle the balancing act it has to do by the way of a populist budget (targeted at Aam Aadmi) and a reformist budget (focused mainly on revenue generation and improving the health of the railways).
Indian Railways' Plan entailing an outlay of Rs 2,30,000 crore during the 11th Five-Year Plan.
The stocks to watch out for, which gets business from the railways.
1. BEML
2. TITAGARH
3. STONE INDIA
4. KALINDEE
5. TEXMACO
The following Sectors gets the benefit by indirect ways:
1. CEMENT
2. CONSTRUCTION
3. PETROLEUM
4. STEEL
Select your stock and grab in lots and hold it till the budget.
