Rail stocks likely to be in news ahead of Railway Budget today

What to expect in Railway Budget: Stocks to watch out for are Titagarh Wagons, Texmaco, Kalindee Rail, Siemens, ABB, CIMMCO, Stone India, BEML.Expect 20-25 percent Year on Year increase in capital outlay for FY17BE. In FY16, rail minister had promised aggressive capex plan. In FY16 BE, Budgeted capital outlay was Rs 1 lakh crore. Targeted optg ratio for 2015-16 at 88.5 percent versus 91.8 percent in 2014-15. Targeted optg ratio best in the last 9 years. Wagon procurement expected to increase to 18,000-19,000. Expect healthy improvement in allocation towards DFC. DFC: Dedicated Freight Corridor, Watch for any freight hike. DFC will drive shift in freight traffic from road to rail. DFC will drive volume growth for CONCOR, Gateway Distriparks, Navkar Corp.JD Omni to be launch today, Management says looking to sign up 25,000-30,000 customers for JD Omni in FY17. Gross margins on this product will be relatively high. Castrol mixed bag: Revenue drop seen in both automotive and non-auto segment. Total revenue down by 8 percent at Rs 790.9 crore versus Rs 859.3 crore. Volume growth in industrial segment impacted by competitive pressures. Management says environment still challenging for CV oils and industrial lubricants. Margins improve due to falling crude prices. Operating Profit Margin at 26.8 percent versus 24 percent. Profit After Tax up 7 percent at Rs 140.8 crore versus Rs 132 crore. Crompton Greaves: Board meets today to fix record date. Record date to determine shareholders entitled to shares of demerged business. Crompton Greaves Consumer Elec is co's demerged consumer business. Management had expected to list demerged business by April 2016. Nomura assigns a value of Rs 113/share for the consumer business. Report suggest GVK power & Infra in talks with Sajjan Jindal-led JSW Group to sell airport business. GVK power & Infra was also in talks with Singapore's Changi Airport to sell 49 percent in GVK Airport Services. GVK power & Infra has a debt of Rs 24,500 crore. GVK's airport segment valued at Rs 2,459.42 crore in FY15. Co expecting equity valuation for entire vertical to be around Rs 10,000 crore.  Indosolar, Moser Baer and Borosil Glass: The United States won a ruling against India at the World Trade Organization on Wednesday after challenging the rules on the origin of solar cells and solar modules used in India's national solar power program.

In a statement, the US Trade Representative's office called the ruling a significant victory that would hasten the spread of solar energy across the world and support clean-energy jobs in the United States.

The United States complained to the WTO in 2013 about the Indian solar program, which sought to ease chronic energy shortages in Asia's third-largest economy without creating pollution.

But a requirement that certain cells and modules be made in India fell afoul of WTO rules on discriminating against imports. The United States said its solar exports to India had fallen by 90 percent from 2011, when India imposed the rules.

Other stocks in news are Infosys and HDFC.