Also kindly note that BEML is not just a Rly based stock. It has signifcant presence in defence, mining etc. Dont Panick. If you were a trader then you should have sold out at 850 levels as it was very clear that Rly budget expectations were already priced in and there would have been a correction
2.38 PM Jul 8th 2014
Hi Raghav, This correction is just profit booking by traders/weak hands. See this budget is very good if not excellent. It is forward looking. Wagon leasing is good for texmaco & BEML too. Bullet Train Projects will also benefit BEML esp in the case of engines in partership with Japanese firms
2.32 PM Jul 8th 2014
Hi Friends, This correction is just profit booking by traders/weak hands. See this budget is very good if not excellent. It is forward looking. Wagon leasing is good for texmaco & BEML too. FDI in Rly is also good news esp for Texmaco. Texmaco already i think has tie up with an australian firm
2.24 PM Jul 8th 2014
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