2 months, 1 week ago

Derailed! Why did railway stocks slide up to 7% post FM’s Budget speech?

Budget 2025: The majority of railway stocks plunged in intra-day trade on Saturday, February 1, after the Finance Minister's Budget speech concluded today. Contrary to expectations, the Union Budget did not unveil any specific announcements for the railway stocks, disappointing investors. While the capital expenditure for the financial year 2025-26 witnessed a near 10% uptick to ₹11.2 lakh crore from ₹11.11 crore over the last year, the allocation for the railway sector has remained unchanged. Texmaco Rail, Rail Vikas Nigam and Ircon International emerged as the worst-performing stocks in the railway pack, shedding over 7% each.

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