Don't chug off to rail-related stocks, say analysts

Railway-related stocks have underperformed the market so far in 2016, with counters such as Hind Rectifiers, Kernex Microsystems, Stone India, and Titagarh Wagonss kidding 16-22 per cent. By comparison, benchmark indices — the S&P BSE Sensex and the Nifty 50 — have lost 10 per cent each during this period. Also Read: A fortnight before Budget, little recovery in Railways' finances Read our full coverage on Union Budget 2016 Analysts say the railway budget on Friday assumes significance. It will be looked at for its potential to rejig the investment cycle and bring transformative change to transportation in India. Also Read: 4 more dedicated corridors for freight soon “In our talks with companies, most, including Concor, Gateway Distriparks, and Allcargo Logistics, are expecting the finance minister to announce measures for speedy implementation of the dedicated freight corridor, speedy implementation of the ongoing infrastructure proj...