Hot Pursuit     25-Feb-11
Rail wagon makers extend losses after Rail Budget
Two rail wagon makers fell by 2.45% to 6.11% after railways minister Mamta Banerjee proposed to set up 2 wagon units with private partners.

The proposal was made by railway minister Mamta Banerjee in the Railway Budget tabled in the parliament during market hours today, 25 February 2011.

Titagarh Wagons (fell 6.11% to Rs 358.35) and Texmaco (fell 2.45% to Rs 39.75), declined.

Meanwhile, the BSE Sensex was up 164.29 points or 0.93% at 17,796.70.

Titagarh Wagons has lost 16.08% in four consecutive days. Texmaco has lost 8.09% in three trading sessions

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