Kolkata: Was the Railways sector a tad disappointed after the budget speech of FM Nirmala Sitharaman on Saturday? It doesn’t seem unlikely after the allocation for modernising the railways was pegged at Rs 2.55 lakh crore for FY26, down from the figure of Rs 2.62 lakh crore announced in the last budget, which was a record figure.

The gross budgetary support for the current financial year FY25 was set at Rs 2,52,200 crore and it marked quite a raise from Rs 2,40,200 crore in the previous financial year (FY24). Incidentally, it was a sharp rise of Rs 28,174 crore proposed in 2013-14.

As a result of these figures, there was a slight disappointment among investors in railway stocks. Some of the stocks related........

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